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Business, Lawalliance Limited Company, Published on 03/05/2016
» One tax default can cause a domino effect and lead from one unpleasant outcome to another misfortune. One good example involves erroneously writing off bad debts.
Business, Lawalliance Limited Company, Published on 24/02/2015
» Over the last couple of years, tax practitioners have become increasingly aware of suspicious or shady transactions, especially those without a genuine intention, being challenged more frequently by the Revenue Department.
Business, Lawalliance Limited Company, Published on 19/06/2012
» When a corporate taxpayer invests in shares of another company, it normally expects to derive profits in the form of dividends and/or capital gains. As businesses can have good years and bad ones, the law allows deductions in the case of losses, which can be brought forward for no longer than five accounting periods, for calculation of corporate income tax.