The global Covid -19 pandemic is having a profound impact on all aspects of our life. The Department of Inland Revenue and President’s Media Division have notified certain tax policy measures that have been taken to address the COVID -19 pandemic. We provide below an overview of the said tax policy measures.
• Income Tax
• Value Added Tax
• Stamp Duty
• Withholding Tax
• Temporary Tax Clearance Certificates
• Economic Service Charge
• Donations to COVID – 19 Healthcare and Social Security Fund