Fiji Gazettes VAT (Budget Amendment) Act 2025

The Fijian Official Gazette July 21 published Law No. 10/2025, the VAT (Budget Amendment) Act 2025. The law includes measures: 1) specifying the conditions for authorizing the Chief Executive Officer to publish the name and address of registered taxpayers who fail to file a VAT return; 2) reducing to 12.5 percent from 15 percent the VAT rate for imported goods and the standard VAT rate; 3) allowing VAT refunds for capital investments in the reconstruction of premises damaged by termites, with refunds limited to the lesser of an amount equal to the tax fraction of 120,000 Fijian dollars (US$53,122) or ...