The Gambia has introduced various tax changes as part of the Budget for 2024, which include the following: New return-related penalties, including: failure to file an annual corporate income tax return: penalty equal to 1% of revenue, with a minimum penalty of GMD 10,000 and a maximum of GMD 250,000 (late payment also subject to interest charges); failure to file an annual personal tax return: penalty equal to 1% of revenue, with a minimum penalty of GMD 5,000 and a maximum of GMD 50,000 (late payment also subject to interest charges); failure to file a monthly tax return (e.g., PAYE,...