General Government Terms and Conditions for Public Service Contracts in 2018 The government of any country is responsible for the provision of various public services to its citizens. To ensure accountability and the proper use of public funds, the government must enter into public service contracts with various contractors. To ensure consistency and fairness in the process of awarding and managing these contracts, the government establishes general terms and conditions that must be adhered to by all contractors. These terms and conditions are reviewed and updated regularly to reflect changing laws and regulations. In 2018, the government introduced new general terms and conditions for public service contracts. These conditions are aimed at ensuring that contractors provide high-quality services to the public, while also maintaining proper financial practices. Key features of the 2018 general government … Read entire article »

Double Tax Agreement between New Zealand and Singapore The Double Tax Agreement (DTA) between New Zealand and Singapore was signed on May 9, 2012, and came into effect on January 1, 2013. This agreement is intended to prevent double taxation for taxpayers who have interests in both countries. What is Double Taxation? Double taxation is when a taxpayer is taxed twice on the same income, profits, or capital gains. This happens when two countries have different tax laws and both assert their right to tax the same income. Double taxation can occur in many situations, including: – A business operating in two or more countries – An individual earning income in multiple countries – Investment income from overseas Double taxation can be a significant burden on taxpayers and can reduce the incentives for cross-border trade and investment. How … Read entire article »