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BVI Rules Out New Taxes In 2021 Budget

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.” Legislation to promote elements of e-Government that will certainly add to effectiveness as well as generation of earnings was tabled in the House of Assembly for initial analysis previously in the year. .
.” Two advantages of presenting contemporary computer system modern technology is that it will certainly assist to catch resources of leak in taxation as well as it will certainly speed-up the procedure for releasing Good Standing Certificates.” .
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. The only tax obligation plan adjustment introduced in Budget 2021 was a 1 year expansion to tax obligation exceptions for citizens’ acquisitions of solar tools for their residential properties and also for hybrid or electrical lorries. .
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