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 TAXPAYER IDENTIFICATION NUMBER FROM A LICENCE: AND FOR RELATED MATTERS .

Number of Bill: 

6

Date introduced: 

27 March 2019

Sponsor of Bill: 

MINISTER OF FINANCE,PLANNING & ECONOMIC DEVELOPMENT

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