KPMG Identifies Errors, Inconsistencies, Gaps, Others in New Tax Laws by James Emejo

• Says shortfalls need urgent reconsideration to attain stated objectives of tax reform  •Seeks action on controlled foreign companies, taxation of non-resident persons, imposition of tax, deductions allowed, others  •Calls for exclusion of withholding tax on insurance premiums paid to non-residents Global advisory services firm, KPMG has exposed gaps, errors, omissions, and inconsistencies in the …