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    • Corporate Income Tax

Corporate Income Tax Newsletter
  • Uganda’s tax system isn’t bringing in enough revenue but is targeting small business the answer? 29 Apr 2024 12:57 GMT

    … -as-you-earn income tax (PAYE) (18%) and corporate income tax (8%). A number … of factors are at play: generous tax incentives … , multinational companies pay much less corporate income tax than large domestic firms (as …

  • Tinubu Govt Moves To Stop Politicians Guilty Of Tax Evasion From Running For Offices 29 Apr 2024 09:05 GMT

    … the Presidential Fiscal Policy and Tax Reforms Committee, Taiwo Oyedele, made … Constitution doesn’t explicitly list tax compliance as a qualification criterion … a three-year exemption from corporate income tax, with a possible extension for …

  • US fund loses four-year tax battle from Java House sale 29 Apr 2024 04:30 GMT

    … downgrade from an earlier corporate income tax assessment of Sh3.21 … not be subjected to corporate income tax in Kenya. “A … under capital gains tax and not corporate income tax like trading income. … private equity funds from taxation, nothing would have been …

  • Don’t tax progress 29 Apr 2024 00:14 GMT

    … share of direct taxes in total tax revenues for the … Revenues collected from the tax on corporate income were 2.15 times … those from personal income tax (PIT … But a progressive tax system, where tax rates increase with …

  • What the international tax reforms mean for local investment policies 28 Apr 2024 21:54 GMT

    … characterised by countries reducing their corporate income tax rates or even eliminating … reductions of the corporate income tax. These could include taxes on profits, capital … imposition of corporate income tax below the global minimum tax or granting of …

  • Can South Africans expect an increase in taxes to fund the NHI? 28 Apr 2024 06:26 GMT

    … increasing personal income tax and/or corporate income tax” Jurgen Eckmann, … would effectively allow every taxpaying citizen to benefit from … said that removing the tax benefit away from private … and food. “Many taxpayers are also in effect paying …

  • Managing compliance obligations to reduce risk of tax penalties upon audit 27 Apr 2024 10:37 GMT

    … four main tax types: corporate income tax, withholding tax, employee taxes (PAYE … system), and VAT. Liabilities relating to withholding tax … Senior Consultant, Business Tax, Tax & Regulatory …

  • National Small Business Week 2024 begins; IRS offers tax resources, information to nation's entrepreneurs 26 Apr 2024 21:01 GMT

    … to relieve the federal tax burden of taxpayers who have been impacted … pass corporate income, losses, deductions and credits to its shareholders for federal tax … four generally recognized business tax types: Income tax. With the exception of …

  • Taxes Hit 50% for Some Americans in Five States 26 Apr 2024 18:35 GMT

    … only affect individuals with taxable income exceeding $1 million … proposal gets passed, the corporate income tax would also rise to 28 … revenue by adopting this tax increase, but financial professionals … will cause differences in tax rates. Investors need to …

  • A look into the diverse tax reforms being implemented across Africa 26 Apr 2024 17:00 GMT

    … few countries simplified or reduced corporate income taxes (the Democratic Republic of … dwellers,” the report reads. “Tax administration measures included the introduction … and medium-size taxpayers (Burundi), measures to limit tax arrears (Mozambique), …

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