Details

  • Industry: Financial Services, Industrial Markets, Consumer Markets
  • Type: Publication series
  • Date: 11/12/2015

New Fixed Asset Revaluation Tax Incentives 

This publication is about new tax incentives granted by the Government in the form of Fixed Asset Revaluations (“FAR”) that are available only until the end of 2016.
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This FAR tax incentive was granted by the Government as part of the September 2015 Economic Package, following other incentives introduced, such as exemption from penalty payments (Sunset Policy), Tax Holidays, Tax Allowances, etc., in order to meet the tax revenue budget.