The Fiji Revenue and Customs Service has published various amendments acts that were assented (enacted) by the president on 31 July 2020 and provide for the implementation of the measures of the 2020-2021 Budget. The measures are summarized as follows:
Tax Administration (Budget Amendment) Act 2020
New penalty provisions are introduced for making false or misleading statements:
- Penalty for making a false or misleading statement resulting in a tax shortfall:
- In the case of Income Tax, the…