International Journal of Management, Accounting and Economics
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Volume 6, No. 3, March 2019 Pages: 274 - 285
A Descriptive Analysis of Fiji’s Tax System and Laws
Shivneil Kumar Raj
Corresponding author:
shivneilr[at]unifiji[dot]ac[dot]fj
Abstract:
Tax is a major source of revenue for many governments around the world. Fiji has adopted the world wide tax regime whereby tax residents of Fiji are to declare their worldwide income and pay tax in Fiji. Fiji is seen to have a comprehensive tax system. The paper analysed two main revenue generating tax laws of Fiji, the 2015 Fiji Income Tax Act and the Value Added Tax Act of 1999. Through international cooperation and use of multilateral instruments, Fiji has internalised some of the Base Erosion Profit Shifting (BEPS) action points which is a global tax agenda.
Keywords:
Tax, Income Tax Act, VAT Act, Tax Administration Act, BEPS and Tax Laws.
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