Examples of Fiji tax in a sentence
Subject to the laws of Malaysia regarding the allowance as a credit against Malaysian tax of tax payable in any country other than Malaysia, Fiji tax payable under the laws of Fiji and in accordance with this Agreement by a resident of Malaysia in respect of income derived from Fiji shall be allowed as a credit against Malaysian tax payable in respect of that income.
The credit shall not, however, exceed that part of the Fiji tax, as computed before the credit is given, which is appropriate to such item of income.
Where such income is a dividend paid by a company which is a resident of Fiji to a company which is a resident of Malaysia and which owns not less than 10 per cent of the voting shares of the company paying the dividend, the credit shall take into account Fiji tax payable by that company in respect of its income out of which the dividend is paid.
However, such dividends may be taxed in Fiji and according to the law of Fiji, but, where that person is the beneficial owner of the dividends, the amount of Fiji tax so charged shall not exceed 15 per cent of the gross amount of the dividends.
This Article shall apply to a person who is a resident of Fiji for the purposes of Fiji tax and is also resident in New Zealand for the purposes of New Zealand tax.
Such payment shall be payable by the Purchaser upon written demand from the Company; and(iii) within 60 days after Completion, procure the transfer of the 1 share in SABVL held by Ms. Chiu to the entity nominated by the Company, and shall procure approval from the Reserve Bank of Fiji, capital gains tax certificate from the Fiji tax authority and all other necessary Consents be obtained prior to the expiry of 60 days after Completion.
Following changes in the tax law in Fiji, the unutilised tax losses of the subsidiaries incorporated in Fiji incurred after 1 January 2014 as allowed by the Fiji tax law can be claimed as a deduction against future taxable income within four years of the incurrence of such losses.
Remuneration (other than pensions) paid by the Government of New Zealand to an individual for services rendered to that Government in the discharge of governmental functions shall be exempt from Fiji tax if the individual is not a resident of Fiji for the purposes of Fiji tax or is a resident of Fiji for the purposes of Fiji tax solely for the purpose of rendering those services.
In Fiji, tax avoidance scheme is captured under the Fiji Income Tax Act 2015 (ITA) and the Tax Administration Act 2009 (TAA).
Subject to the laws of Fiji regarding the allowances as a credit against Fiji tax of tax payable in any country other than Fiji, Papua New Guinea tax payable under the laws of Papua New Guinea and in accordance with this Agreement by a resident of Fiji in respect of income derived from Papua New Guinea shall be allowed as credit against Fiji tax payable in respect of that income.