The tribunal accepted an area-based methodology for computing profiteering in a housing project, rejecting turnover-linked ...

The Tribunal held that although profiteering was initially computed, the developer had already passed on a higher amount to the buyer. With full discharge of Section 171 obligations, proceedings were ...

GST 2.0 tax changes come into force from September 22, 2025, bringing a big reshuffle of tax rates across goods and services. The new framework brings in two primary tax rates of 5% and 18%, while ...

After the rationalisation of goods and services tax (GST) on insurance premiums, the insurance industry is now seeking ...

The States of Guernsey is due to vote on the future tax policies for the island later this year.

Highlighting a recurring pattern in GST litigation and audits, the financial expert pointed out that notifications cannot be ...

Both sales tax and GST are indirect taxes, meaning they are charged on transactions (purchases) instead of income, and the cost is ultimately paid by the person who buys the final product. The ...