One-sided tax laws violate taxpayer rights to fair administration
Problematic tax legislation is causing irreparable damage to exporter cash flows and the local economy, as one-sided laws balanced against taxpayers continue to impede growth and deter foreign investors. According to Ernest Lai King, Managing Director of 1Road Consulting and a consultant at law firms, deficiencies in the country’s Value-Added Tax (VAT) Act regarding VAT …
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