Increases the corporate income tax rate
02 Aug 2023
On 2 August 2023, Fiji issued a notice on 2023-2024 National Budget-Corporate Income Tax Changes, increasing the corporate income tax rate from the current 20 per cent to 25 per cent, effective as of tax year 2023.
In addition, new companies eligible for reduced corporate tax for listing in the South Pacific Stock Exchange (SPSE) saw the tax rate increase from the current 10 per cent to 15 per cent, effective from tax year 2023. Other companies became eligible for a reduced tax rate of 25 per cent.
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Type:
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Treatment and operation (Corporate taxation)
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Promotion and facilitation (Investment incentives)
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Industry:
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