Tax on Forgiven Debts: Fiji Income Tax Act Vs Islamic Perspective

An uncollected tax is a debt to the state. In Fiji, individuals’ pay income tax if they earn more than FJD$30,000 under the Income Tax Act 2015 (ITA). Thus, the purpose of this paper is to critically evaluate the stand of debt forgiveness by the lender to the borrower in the Fiji Income Tax Act 2015...

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Bibliographic Details
Main Authors: Shivneil Raj, Mohammed Azam
Format: Article
Language:English
Published: Mashhad: Behzad Hassannezhad Kashani 2020-06-01
Series:International Journal of Management, Accounting and Economics
Subjects:
Online Access:https://www.ijmae.com/article_114339_81d99635bccd5de2db6e66824a927e48.pdf