Without benchmark, 2021 CIT tax reduction not feasible: taxmen

Without benchmark, 2021 CIT tax reduction not feasible: taxmen

If taxpayers saw no revenue generated in 2019, a 30% CIT reduction for tax year 2021 will not be granted as there is no benchmark to determine the revenue decrease for 2021, according to the General Department of Taxation.

KPMG - Mon, Dec 22, 2021 | 11:30 am GMT+7