taxpayers

File picture of Union Finance Minister Nirmala Sitharaman with Nitin Gupta, Chairman, Central Board of Direct Taxes | Photo Credit: Vedhan M. The new income tax regime for filing returns has been "sweetened" in the Budget 2023-24 and it…

The recent announcement that the deadline for provisional taxpayers has been brought forward to 23 January 2023 is causing confusion. Some taxpayers have mistaken this to mean that their second provisional tax submission is due sooner this…

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By Fred Schulte and Holly K. Hacker In April 2016, government auditors asked a Blue Cross Medicare Advantage health plan in Minnesota to turn over medical records of patients treated by a podiatry practice whose owner had been…

The recent call by the South African Revenue Service (Sars) to taxpayers urging them to make use of its Voluntary Disclosure Program could be a “warning shot across the bow”. This observation follows the announcement that Sars has started…

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FIFI PETERS: The South African Revenue Service manages to assess only around a third of Vat verifications it calls for, and this within its 20-day target. So most are not verified or assessed within the 21 days. In fact, some take months…

Taxpayers continue to experience pain, frustration and delays in their efforts to receive legitimate value-added tax (Vat) refunds, mainly because of the time it takes for the verification process to be completed. The latest PwC Taxing…

The refund for Barrow Island is small compared to what will be triggered by the decommissioning of Australia’s offshore oil and gas sector, estimated by the Centre of Decommissioning Australia to cost $US40.5 billion ($58 billion) to…