The Fiji Revenue and Customs Service (FRCS) has published the National Budget Amendments 2022-2023, 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 applicable to an approved global or regional headquarters will be increased from 17% to 20% with effect from tax year 2023 (concessionary rate removed);
- The 10% reduced rate …