Taxation of Property Investment

With reference to what you have learned in the course, discuss how property investments are taxed? In answering this question address the following aspects:

1. What are the two primary legislation/laws governing the taxation of property investments in Fijiji also With reference to Fijis as a case study, discuss what constitutes income from real estate and Discuss what are the categories of exemptions to capital gain tax in Fiji and Lastly in what events will there be a deferment in the assessment of capital gains even when a disposal event has occurred? (2 marks