Cecil Kilpin | May 2018 Newsletter

By |2018-05-09T13:05:11+02:00May 7th, 2018|Finance + Economics, Goverment, Newsletter, Tax, Vat|

The Davis Tax Committee Concludes Its Work The Davis Tax Committee (DTC) has announced the conclusion of its work and the publication of the following four final reports: VAT (replaces the first VAT report); Corporate income tax (CIT); Public benefit organisations (PBO’s); Wealth tax. The reports are based on the mandate of the DTC as per its Terms of Reference. The PBO and wealth tax reports were done in addition to the specified items in the Terms of Reference. The DTC does not require any further input on the four reports that have now been published as the reports have been finalised.It is important to note that, as mentioned in the Terms of Reference of the DTC, “the Committee is advisory in nature, and will make recommendations to [...]