Tax Alert, 20 APRIL 2017
This issue covers the following:
1. Tax Ruling B59, which explains that some amendments to the BPT Regulation brought via Tax Ruling B56 on 17 January 2017 apply to tax year 2016 as well, but only if a return is not filed by 17 April 2017.
2. Tax Ruling A12 issued on amending tax returns.
3. A Brief overview of the MIRA’s policy on granting complete fine relief to small businesses. The policy is valid until 30 June 2017.
