Antigua and Barbuda Extending 10% Windfall Tax on Certain Companies
The government of Antigua and Barbuda has reportedly decided to extend the 10% "windfall" tax on the net profits of certain companies in order to fund the Antigua campus of the University of the West Indies. Originally introduced in 2019 for a period of three years, the 10% tax is levied on telecommunications companies, financial institutions (banks and insurance companies), and the country's s…
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