There are other tax wins and losses in the Bill that affect taxpayers but the above is a summary of the major ones that would affect the ordinary taxpayer. The next step for the Bill is to go through public participation where some proposals may be deleted or added or varied before...
Consequently, the impugned sections of the Act which were introduced post public participation were found to be unconstitutional. Should the Senate be involved in the enactment of a money Bill? The Court agreed with the decision of the High Court that the Finance Bill 2023 was a money bill ...
While the 2023 scorecard had 40 indicators, the latest one had 56, comprising a range of data sources from agencies such as the World Trade Organisation, the World Intellectual Property Organisation and the United Nations Conference on Trade and Development. Singapore achieved top scores in four of...
Considering the already high oil prices, the depreciation of the Kenya shilling and the country's high dependency on fossil fuel, the move to increase the VAT rate to 16% is expected to, in a significant way, increase the cost of living. Secondly, the Bill proposes to ...
Ireland has over the past number of years adopted many of the ATAD provisions, with Finance Bill 2021 introducing new measures to complete its transposition. Consideration must therefore be given to the impact of the potential change of Ireland’s taxation system on such new measures. For example...
“net-zero emissions by 2025” through its green energy policies, project finance in renewable energy has been surging in recent years. A landmark case is the Hai Long Offshore Wind Project announced in 2023, the largest offshore wind project financing to date in Taiwan as well as the Asia...
In Kenya, no specific measures such as waiver of utility bills or suspension of bill payments were found for the energy sector, even though the government has allotted some Ksh40 billion for health and social protection alongside some tax exemptions [38]. In addition to the stimulus package for...
systems, operated mostly in isolation from each other and with a separate financing mechanism.Fees and chargesare based on usage to some extent, though Ann Arbor’s fee system has gotten more and more complicated over the years. Here is the sample water bill as displayed on the City’s ...
The 2023 Regulation broadened the scope of eligible investments, reduced investment thresholds, and removed unnecessary barriers to participation from retail investors. On 11 March 2024, the Central Bank published its framework to facilitate the establishment of Irish ELTIFs following consultation with ...
Project finance is a method to fund large-scale, long-term infrastructure and capital-intensive projects, which often involve both public and private sector participation.1 Project financing often utilizes a nonrecourse or limited-recourse financial structure, which means repayment depends on the project...