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Brunei, India sign Tax Information Exchange Agreement

Brunei Darussalam and India signed an Agreement for the Exchange of Information and Assistance in Collection with respect to Taxes (TIEA) on February 28 in New Delhi.

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The Honourable Minister at The Prime Minister's Office and Minister of Finance and Economy II Welcomes Businesses at The Brunei Darussalam – Lao PDR Business Networking Session

The Honourable Dato Seri Setia Dr. Haji Mohd Amin Liew bin Abdullah, Minister at the Prime Minister's Office and Minister of Finance and Economy II, today welcomed business delegates from Brunei Darussalam and Lao PDR at the Business Networking Session. The event was held in conjunction with the State Visit of His Excellency Dr. Thongloun Sisoulith, the Prime Minister of Lao PDR to Brunei Darussalam on 16 – 17 February 2019.

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Prayers, Khatam Al-Quran mark TAP 26th anniversary

IN CELEBRATING the Employees Trust Fund (TAP) 26th anniversary, a Sunnat Hajat prayer and Doa Kesyukuran was held yesterday at the Pengiran Muda ‘Abdul Malik Mosque in Kampong Tungku, Katok.

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ARTICLES

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Vendor Clinic Remains Open to Address Issue of Late Payments

The Vendor Clinic introduced by the Treasury Department, Ministry of Finance since 25th April 2016 is still operational and open to vendors who wish to find out about the payment process or making inquiries and complaints about delayed payments for the supply and service provision to the Government.

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Ministry Of Finance Income Tax Board of Review

In February 2017, the Income Tax Board of Review (ITBOR) was established under the Income Tax Act, Chapter 35. The ITBOR has been formed specifically to serve the interest of Companies that are subjected to corporate tax under the Companies Act with the aim to facilitate the administration and operation of taxation in Brunei Darussalam.

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World Class Refinery and Integrated Petrochemical Complex at PMB Begins to Take Shape

BRUNEI Darussalam's conducive and pro-business environment continue to become one of the main factors that attracts foreign investors to consider setting up base in the country.

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