BPR 398: Will you be the yield to my instrument?
The tax treatment of interest and dividends is quite different. Generally, interest paid on money borrowed in the production of trading income is deductible for tax purposes, while...
8 Dec 2023Tax & Exchange
Control
A review of the report on the National Tax Policy: Taxing tomorrow towards economic resilience?
The draft National Tax Policy (Policy) was presented in Parliament on 27 April 2023 and is aimed at facilitating revenue mobilisation, income distribution, regulation of goods and...
8 Dec 2023Tax & Exchange
Control
An overview of the High Court's decision on the Finance Act, 2023: Was it just about the housing levy?
The Finance Bill, 2023 (Finance Bill) was passed by the National Assembly on 23 June 2023 and subsequently assented to by the President on 26 June 2023 thereby making it law, as the...
8 Dec 2023Tax & Exchange
Control
