ISLAMABAD: Appellate Tribunal Inland Revenue (ATIR) Islamabad has categorically held that a taxpayer cannot be denied credit of withholding tax merely because the withholding agent typed a wrong ...
ISLAMABAD: The IT and IT enabled services will continue to be subject to withholding tax rate of 4 percent during 2025-26. According to an income tax circular of the Federal Board of Revenue (FBR), ...
The government is to implement a mechanism for the refund of With Holding Tax (WHT) from retirees who do not come within the income tax ambit. The move comes amid the recent government decision to ...
Most tax practitioners and indeed taxpayers would agree that Nigeria’s WHT regime is needlessly convoluted. It is therefore not surprising that, ahead of the full consideration and implementation of ...
Nigeria has overhauled its nearly half-century-old regime on the administration of withholding tax (WHT) with the signing of the Deduction of Tax at Source (Withholding) Regulations 2024 by the ...
Fabian Abi Cakra and Danang Syailendra of GNV Consulting explain how several Indonesian transfer pricing regulations have been combined into new legislation, and summarise changes to employee income ...
Internal debate currently happening in finance department. Company charges management fee to foreign subsidiary and when it is paid 10% WHT is withheld under DTA. The UK Company is loss making and ...
The federal government has decided to increase the Withholding Tax (WHT) on international credit card transactions from 1 percent to 5 percent in the fiscal year budget 2023-24, while the WHT on ...