Loading ...REGULATORY FRAMEWORK –> Consumption Tax (CT)
CT operates in a similar manner to Value Added Tax or Goods & Services Tax. A uniform rate of 15% is applied to imports and the supplies of Goods & Services. Businesses with an annual turnover that exceeds T$100,000 are required to be registered and to charge and collect CT, making monthly returns with payment to the Inland Revenue Department. For further details please follow this link:
