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TAX ON TRANSACTIONS 2012/13
1. What are the main authorities responsible for enforcing taxes on corporate transactions in your jurisdiction?
There are two relevant departments within the Ministry of Finance:
- The Inland Revenue Department (IRD) administers direct taxation (broadly, income tax, corporation tax, capital gains tax (CGT), special defence contribution (SDC)) and stamp duty. Tax collection is organised through district offices.
(This article appeared in the PRACTICAL LAW MULTI-JURISDICTIONAL GUIDE 2012/13 TAX ON TRANSACTIONS)
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