The IRS has issued guidance on new sustainable aviation fuel tax credits that take effect on January 1, 2023. The guidance, Notice 2023-06, includes the following:
Definitions of which products qualify as sustainable ...
The business and economic climate in which we operate has seen a vast dichotomy of challenges and opportunities over the past year. Rising inflation, accompanied by rising prices to maintain margins; an influx of capital ...
The current default surcharge regime for VAT has often come in for criticism, with the penalties applied being disproportionate to the length of delay. From 1st January 2023, a new VAT penalty regime will replace the out ...
The Underused Housing Tax Act (the “UHT” Act), which received royal assent on June 9, 2022, implements a national annual 1% tax on the value of residential real estate that is vacant or underused (the “Underused Ho ...
Dec 30, 2022:
Extension of the Deadline for Compliance with Tax Obligations
In view of the day-off granted to public service workers on December 30, the Secretary of State for Tax Affairs has determined, by Order N ...
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