Understand how and what Information is gathered and shared with USA and other countries.
When you start your own business, knowing the income tax implications of your decisions can save you money and headaches.
Property tax shall be demanded from the 1st January each year. Two separate rates are set for each class of property.
The Inland Revenue Division (IRD) is a division within the Ministry of Finance (MoF). It is responsible for the administration of Inland Revenue laws and the collection of a wide range of taxes and licenses. These include:
Did you know that you can be granted an extension to file your taxes?...
Extension of Time to File Return
Clause No. 26 of the Tax Administration Act allows the Comptroller to permit a taxpayer to file late, but clarifies that this does not alter the due date for payment unless an extension of time to pay is expressly granted.
The Comptroller may grant the extension of time to file only if the taxpayer applies for the extension before the due date. A taxpayer who files within the extension deadline but pays the tax late will be liable for late payment fee and interest, if no extension of time for payment was granted.