Are there any other taxes that CFBO are expected to pay?

Yes. They are expected to deduct and remit the following taxes

  • Pay As You Earn (PAYE)
  • Withholding tax on goods and services
  • VAT on non-humanitarian purchases
  • Capital gains if assets are disposed at a profit
  • Personal income tax on passive income or benefit in kind
  • Income tax on passive income such as dividend, rent, royalties, interest, Investment income.
Category: Tax Compliance
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