Steve Owens/ Getty Images Income in respect of a decedent (IRD) refers to untaxed income that a decedent had earned or had a right to receive during their lifetime. Taxes on IRD are owed by the ...

The announcement, made by Revenue Minister Simon Watts, coincides with the 40th anniversary of the FBT’s introduction — a tax ...

The Solomon Islands Chamber of Commerce and Industry (SICCI) recently participated in a crucial meeting where officials ...

“This reform aligns with our commitment to creating a fairer tax system, particularly for those who rely on savings,” stated an IRD spokesperson. Consumer advocacy groups have welcomed the ...

The Inland Revenue Department (IRD) is set to integrate with the Excise Department operations as the first step towards merging all tax-related functions under one department, maintaining one set of ...

Sri Lanka’s Inland Revenue Department (IRD) has introduced a simplified self-declaration process to alleviate the 10 percent advance income tax (AIT) burden on interest earnings for the low and middle ...