Category: Asia
Ten-year tax incentives granted to special technology zones
The government has granted a comprehensive duty and tax incentives for a period of 10 years to investors operating in the proposed special technology zones (STZs), sources in the Federal Board of Revenue (FBR) said on Monday. The incentives also include immunity from explaining the source of funds to be… – Continue reading
FNCCI demands repeal of double taxation system
The Federation of Nepalese Chamber of Commerce and Industry (FNCCI) urges the government to review its double taxation laws as the private sector finds itself badly affected by the pandemic. ... - Continue reading
Report: Most exporters do little to prevent foreign bribery
An anti-corruption watchdog on Tuesday ranked the United States and United Kingdom as the largest exporters most active at enforcing rules meant to prohibit companies from paying bribes in foreign markets, but said many others are doing next to nothing. ... - Continue reading
EU removes Mongolia from list of non-cooperative jurisdictions for tax purposes
ULAN BATOR, Oct. 7 (Xinhua) — The Council of the European Union (EU) has removed Mongolia from the EU list of non-cooperative jurisdictions for tax purposes, the Mongolian Foreign Ministry said Wednesday. The country was removed from the list after it deposited the instruments of ratification of the Convention on… – Continue reading
