05/23/2023
It states that the increases will be highest among high-margin industries and businesses because, under a corporate income tax, they will taxed in bottom line earnings and profit margins rather than turnover.
05/19/2023
The government aims to gather feedback from stakeholders on these proposals to enhance efficiency, equity, and alignment with global tax developments.
05/10/2023
A new AI software has been introduced, which will draw data from registries and bank accounts to assess people's cash deposits and assets in a bid to help the tax department keep tabs on income and tax dues
05/09/2023
Life insurance, probably the least sexy area of financial planning, can be used to save tens of millions of dollars in taxes if bought from issuers in the Cayman Islands and Bermuda.
04/28/2023
With three years of regulatory responses and submissions completed, it’s a crucial time for companies to revisit their business models and review the original economic substance assessment to see if it still holds up in light of emerging trends