The Fiji Revenue and Customs Service (FRCS) has published the National Budget Amendments 2023-2024, including a summary of revenue policies and the different bills for the implementation of the budget measures. Some of the main direct tax and tax administration measures are summarized as follows:
- The corporate tax rate will be increased from 20% to 25% from tax year 2023;
- The reduced corporate income tax rate of 10% for companies listed on the South Pacific Stock Exchange will be increased …