taxes

Bill Watch 32 - 2018 Electronic Money Transfer Tax: Still Illegal

BILL WATCH 32/2018

[23rd October 2018]

Electronic Money Transfer Tax:  Still Illegal

At the beginning of this month the Minister of Finance and Economic Development announced an increase in the Intermediated Money Transfer Tax [i.e. the tax on electronic money transfers] from five cents per transaction to two cents per dollar transferred.  The increase, he said, would become effective immediately. 

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