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Tag Archives: 000 property tax

Norway govt urged to revise corporate, individual income tax rate

OSLO: The government proposed a cut in both corporate and individual income tax rates, alongside other adjustments to combat corporate base erosion and profit shifting (BEPS). The Commission noted that the level of Norway’s corporate tax rate has stayed comparatively high when, both at a European level and globally, other countries’ rates have been lowered. In 2014, the statutory corporate ... Read More »

Punjab Excise Dept imposes 2pc fine on property tax defaulters

LAHORE: The Punjab Excise and Taxation Department has started issuing notices with two percent penalty on property tax for the defaulters who failed to submit their taxes till December 31. “Excise officials are trying hard to achieve their targets as soon as possible as department is facing revenue shortfall. New Excise secretary who took charge some days ago directed the officers ... Read More »