The government has announced a significant reduction in withholding tax on international debit and credit card transactions, cutting the rate from 5 percent to just 0.5 percent in the federal budget FY2026–27. ..
The government has announced a significant reduction in withholding tax on international debit and credit card transactions, cutting the rate from 5 percent to just 0.5 percent in the federal budget FY2026–27. ..