Recommended Sponsor Painted-Moon.com - Buy Original Artwork Directly from the Artist

Source: Inland Revenue Department –

The special report covers the Order in Council relating to the change to the deemed rate of return (DRR) for attributing interest on foreign investment funds.

With effect from 16 June 2023, the rate has been set at 8.15% for the 2022–23 income year.

MIL OSI