Introduction We are now in 2024 – the Year the Global Minimum Tax (GMT) is set to go live and dramatically transform the international tax landscape. In view of contributing to the understanding of the GMT, we are pleased to share with you our short article which focuses on the history and the mechanics of...Read More

INCOME TAX BURMEISTER & WAIN SCANDINAVIAN CONTRACTOR v THE DIRECTOR-GENERAL, MRA, ARC/IT/270-20 & ARC/VAT/131-20 FACTS: The MRA lapsed the objections of the Applicant for failing to pay the statutory 10% of the amount of tax claimed in the Notices of Assessment. ISSUE: The issue to be addressed by the ARC was the decision of the...Read More