Question:

What is corporate asset tax all about?

by Guest5964  |  12 years, 8 month(s) ago

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My sister is assigned a task regarding corporate asset.  She was discussing it with me yesterday. I want to know What is corporate asset tax all about?

 Tags: Asset, Corporate, tax

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  1. Guest4882
    It is levied through section 12 of the Finance Act, 1991. This is one time levy payable by a company as defined in Companies Ordinance, 1984, on the value of fixed assets held by the company on the specified date.

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