Fiji Sun – Saturday 28th October 2017.
Fiji’s import based businesses form an integral part of Fiji’s economy. The rapid increase in offshore transactions made by individuals and businesses are directly linked to the growth in economic activities both domestically and internationally.
As we look at this offshore transactions and how offshore payments have become a common trait for individuals and businesses in Fiji, it is important to understand the process that must be followed to ensure that offshore payment is made in compliance with the tax laws and requirement of Fiji. As such FRCS’s surveillance emphasis is a lot on the offshore transactions and payments.
Offshore Payments above $20,000. Read more…
