Income Tax (Amendment) Bill

Short Title: 

Income Tax (Amendment) Bill

Long Title: 

An Act to amend the income tax Act Cap 340,to provide for the definition of beneficial owner,to reduce the threshold required for exemption ,to provide for withholding tax by a seller of a business or business asset,to provide for an offence and a penalty for failure to obtain a tax payer identification number from a license and for related matters.

Number of Bill: 


Date introduced: 

27 March 2019

Sponsor of Bill: 

Minister Of Finance,Planning & Economic Development