Search results with tag "Income tax act"
Finance Act, 2019
assets.kpmgthe Companies Income Tax Act, Value Added Tax Act, Petroleum Profits Tax Act, Personal Income Tax Act, Capital ... extensive use of tax incentives to encourage investment, have resulted in a narrowing of the corporate tax base. A weak tax ... are discussed under the relevant tax Acts as follows: 2.1 Capital Gains Tax Act (CGTA)
CHAPTER 332-THE INCOME TAX ACT
tra.go.tzThe Income Tax Act [CAP. 332 R.E 2019] 1 THE UNITED REPUBLIC OF TANZANIA CHAPTER 332 THE INCOME TAX ACT [PRINCIPAL LEGISLATION] REVISED EDITION 2019 This Edition of the Income Tax Act, Cap. 332, has been revised up to and including 30th November, 2019 and is printed under the authority of section 4 of the Laws Revision Act, Chapter 4.
Practice Note No.01/2019 Withholding Tax on payment for ...
www.tra.go.tz83 of the Income Tax Act Cap 332. It explains the legal and administrative aspects including procedures for treatment and computations of withholding tax on goods and services. 3.0 Interpretation In this Practice Note unless the context requires otherwise “Act” means the Income Tax Act Cap 332 and the Tax Administration Act Cap 438.
INTERPRETATION NOTE 17 (Issue 5) ACT : INCOME TAX ACT …
www.sars.gov.zaACT : INCOME TAX ACT 58 OF 1962 . SECTION : THE FOURTH SCHEDULE . SUBJECT : EMPLOYEES’ TAX: INDEPENDENT CONTRACTORS ... business. For example, amanufacturer of a product may offer incentives to the sales employees of retail stores or outlets, in order to encourage those ... Under schemes of this nature, there is no service rendered by the ...
LAWS OF MALAYSIA - Hasil
lampiran1.hasil.gov.myLAWS OF MALAYSIA Act 53 INCOME TAX ACT 1967 ARRANGEMENT OF SECTIONS PART I PRELIMINARY Section 1. Short title and commencement 2. Interpretation PART II IMPOSITION AND GENERAL CHARACTERISTICS OF THE TAX 3. Charge of income tax 3 A. (Deleted) 3 B. Non-chargeability to tax in respect of offshore business activity 3 C. (Deleted) 4.
INTERPRETATION NOTE 33 (Issue 5) ACT : INCOME TAX ACT …
www.sars.gov.za2 . Preamble In this Note unless the context indicates otherwise – • “section” means a section of the Act; • “the Act” means the Income Tax Act 58 of 1962; and • any other word or expression bears the meaning ascribed to it in the Act.
BINDING GENERAL RULING (INCOME TAX): NO. 7 SECTION ...
www.sars.gov.zabinding general ruling (income tax): no. 7 date: 2 november 2012 act : income tax act no. 58 of 1962 (the act) section : section 11(e) subject : wear-and-tear or depreciation allowance
THE KARNATAKA TAX ON PROFESSIONS, TRADES, CALLINGS …
www.ctax.kar.nic.in1976: KAR. ACT 35] Tax on Professions, Trades Callings and Employments 179 Amending Act 6 of 1995.- It is considered necessary to amend the Karnataka Sales Tax Act, 1957, the Karnataka Agricultural Income Tax Act,
MAURITIUS INCOME TAX SYSTEM
www.mra.mu02 Chapter 1 General Principles Basis of taxation (sections 4 and 5) ... “Resident” is defined in the Income Tax Act (section 73). ... An individual is taxable at the flat rate of 15% of his chargeable income. Chargeable income is arrived at by …
DRAFT INTERPRETATION NOTE ACT : INCOME TAX ACT 58 …
www.sars.gov.za“the Act” means the Income Tax Act 58 of 1962; and • any other word or expression bears the meaning ascribed to it in the Act. All forms and templates referred to in this Note are available on the SARS website at . www.sars.gov.za. Unless indicated otherwise, the latest issues of …
INTERPRETATION NOTE 4 (Issue 5) ACT : INCOME TAX ACT …
www.sars.gov.za“the Act” means the Income Tax Act 58 of 1962; and • any word or expression bears the meaning ascribed to it in the Act. All interpretation notes and the guide referred to in this Note are available on the SARS website at. www.sars.gov.za. Unless indicated otherwise, the latest issue of
THE UNITED REPUBLIC OF TANZANIA THE INCOME TAX …
www.mof.go.tz1 THE UNITED REPUBLIC OF TANZANIA _____ THE INCOME TAX ACT _____ CHAPTER 332 ____ REVISED EDITION 2006 This edition of the Income Tax Act, Cap. 332 incorporates all amendments up to
Getting Started withTDS in Tally.ERP 9
mirror.tallysolutions.com1 Introduction TDS means Tax Deducted at Source. The concept of TDS was introduced in the Income Tax Act, 1961, with the objective of deducting the tax on an income, at the source of income.
11/2018 503/01/2005 MINISTRY OF FINANCE *I /J …
www.incometaxindia.gov.in¹Hkkx II µ[k.M 3(ii)º Hkkjr dk jkti=k % vlk/kj.k 21 (b) in the case of Kenya: taxes on income chargeable under the Income Tax Act (Cap. 470) (hereinafter referred to as “Kenyan tax”). 4.
INTERPRETATION NOTE: NO. 47 (Issue 3) ACT : …
www.sars.gov.zainterpretation note: no. 47 (issue 3) date: 2 november 2012 act : income tax act no. 58 of 1962 (the act) section : section 11(e) subject : wear-and …
INTERPRETATION NOTE: NO. 72 ACT : INCOME TAX ACT …
www.sars.gov.za3 . 4. Application of the law . 4.1 Taxable benefit . A taxable benefit arises when an employer, or associated institution in relation to the employer, has granted an employeethe right of …
Application for Approval of Exemption from Income Tax
www.sars.gov.zaSection of the Income Tax Act under which the organisation is applying for approval or exemption Section 10(1)(cA)(i) Institution, board or body established by or under any lawSection 10(1)(cA)(ii) A company with an authorised and issued share capital of which all the shares are held by an entity exempt from tax under section 10(1)(cA)(i)Section 10(1)(cN) Public benefit organisation carrying ...
Double Taxation Avoidance Agreements
www2.deloitte.com• Treaty Making and Ratification Act, 2012 Domestic legislation implementing Article 2 (6) Constitution of Kenya, 2010. Provides the treaty entering, ratification and enforcement process. DTAA authority • Income Tax Act, 2014 Section 41 –seeks to implement DTAAs in domestic legislation. Section 41 (5) –Limitation of Benefits clause.
INTERPRETATION NOTE 9 (Issue 7) ACT : INCOME TAX ACT …
www.sars.gov.za6 Section 8(2)(b) of the Companies Act provides that a private company’s Memorandum of Incorporation must prohibit it from offering its securities to the public
The Laws of Sierra Leone on the Sierra Leone Web The ...
www.sierra-leone.orgThe Laws of Sierra Leone on the Sierra Leone Web The Income Tax Act, 2000 94. International agreements. PART XI - ANTI-AVOIDANCE 95. Transfer pricing. 96. Recharacterisation of income …
Insertion of section 64EB in Act 58 of 1962 xx. …
www.treasury.gov.zaInsertion of section 64EB in Act 58 of 1962 xx. (1) The Income Tax Act, 1962, is hereby amended by the insertion after section 64EA of the following section:
SHARE CAPITAL DESIGN - Canadian Bar Association
www.cba.orgPRICE ADJUSTMENT CLAUSES * CONSIDERATION RECEIVED FOR TRANSFERRED PROPERTY I. RELEVANT STATUTORY PROVISIONS The Income Tax Act (Canada)1 contains a number of rules that are designed to ensure that transactions between non-arm’s-length parties occur at fair market value.2 Paragraph 69(1)(a), for example, provides that where a taxpayer has acquired anything from a person …
Summary of All Interpretation Notes - SARS
www.sars.gov.zaRelevant section(s) or other reference Versions & Original Publication Dates : 30/03/2016 IN 1 (Issue 2): Provisional tax estimates Income Tax Act…
LAWS OF TRINIDAD AND TOBAGO - OAS
www.oas.orgINCOME TAX ACT CHAPTER 75:01 LAWS OF TRINIDAD AND TOBAGO Current Authorised Pages Pages Authorised (inclusive) by L.R.O. 1–228 .. L.R.O. Act
Answers - ACCA Global
www.accaglobal.comProfessional Level – Options Module, Paper P6 (MYS) Advanced Taxation (Malaysia) December 2012 Answers All statutory references are to the Income Tax Act 1967, as amended, unless otherwise stated.
LAWS OF MALAYSIA - AGC
www.agc.gov.my3 LAWS OF MALAYSIA Act 53 INCOME TAX ACT 1967 ARRANGEMENT OF SECTIONS PART I PRELIMINARY Section 1. Short title …
Article - Payments to non residents - Grossing up …
www.sjaykishan.com1 | P a g e Payments to Non Residents – Grossing Up and Section 206AA By CA Puja Borar Section 206AA of the Income Tax Act, 1961 has been inserted by the Finance Act …
The Income Tax Act, 2058 (2002) - ird.gov.np
ird.gov.np(Unofficial Translation) 3 (hl)6 "Windfall gain" means a gain obtained by means of lottery, gift, prize, tips, share of earning in a game (Jitauri) or any other gain acquired incidentally. (i) "Income year" means a period from the first day of Shrawan (15 July) of any year to
NATIONAL TREASURY INCOME TAX ACT, 1962 …
www.treasury.gov.zaSCHEDULE PREAMBLE SINCE government wishes to address the low level of household savings in South Africa. AND SINCE government is desirous of allowing providers of financial products to
Income Tax Act - GoLegal
www.golegal.co.zaINCOME TAX ACT 58 OF 1962 [ASSENTED TO 25 MAY 1962] [DATE OF COMMENCEMENT: 1 JULY 1962] (English text signed by the State President) as amended by Income Tax Amendment Act 90 of 1962 Income Tax Amendment Act 6 of 1963 Income Tax Act 72 of 1963 Income Tax Act 90 of 1964 Income Tax Act 88 of 1965 Income Tax Act 55 of 1966 Income Tax Act 95 of …
Income Tax Act - FAOLEX Database
faolex.fao.orgINCOME TAX ACT 58 OF 1962 [ASSENTED TO 25 MAY 1962] [DATE OF COMMENCEMENT: 1 JULY 1962] (English text signed by the State President) ... Legal Succession to the South African Transport Services Act 9 of 1989 Income Tax Act 101 of 1990 Income Tax Act 129 of 1991 Taxation Laws Amendment Act 136 of 1991
INCOME TAX ACT - KRA
kra.go.ke51. Indemnification of representative. 51A. Repealed. PART VIII – RETURNS AND NOTICES 52. Returns of income and notice of chargeability. 52A. Deleted. ... Act No. 16 of 1977, L.N. 189/1977, Act No. 8 of 1978, Act No. 13 of 1978, Act No. 13 of 1979, Act No. 18 of 1979, Act No. 10 of 1980, Act No. 12 of 1980, Act No. 6 of ...
INCOME-TAX ACT, 1961 - The International Center for Not ...
www.icnl.orgINCOME-TAX ACT, 1961 * [43 OF 1961] [AS AMENDED BY FINANCE ACT, 2008] An Act to consolidate and amend the law relating to income-tax and super-tax BE it enacted by Parliament in the Twelfth Year of the Republic of India as follows :—
Income Tax (1981) Income Tax Act 24 of 1981 (Annotated)
www.lac.org.naThe Act was amended by the Income Tax Amendment Act 3 of 2011, which was promulgated by Government Notice 79/2011 (GG 4732). Its purpose, according to the long title was “ To amend the Income Tax Act, 1981, so as to amend the definitions of …
Income Tax Act, CAP 332 Revised Edition 2006
www.tra.go.tzTHE INCOME TAX ACT _____ CHAPTER 332 ____ REVISED EDITION 2008 This Revised edition of 2008 of the Income Tax Act, Cap. 332 replaces the Revised Edition of 2006 and incorporates all amendments made to this Act up to and including 30th November, 2008 and is printed under the authority of Section 4 of the Laws Revision Act, Cap.4 and Published ...
TAX TREATMENT OF FOREIGN INCOME OF PERSONS …
www.incometaxindia.gov.inIncome Tax Act, 1961, Income tax Rules, 1962 and circulars/ instructions issued by the CBDT from time to time and the web-site https://www.incometaxindia.gov.in. iii PREFACE The Directorate of Income Tax(PR,P&P) is making continuous endeavors to …
INCOME-TAX ACT, 1961 - ICNL
www.icnl.org11. 2(1) This Act may be called the Income-tax Act, 1961. (2) It extends to the whole of India. (3) Save as otherwise provided in this Act, it shall come into force on the 1st day of April, 1962. Definitions. 2. In this Act, unless the context otherwise requires,— 3[(1) “advance tax” means the advance tax payable in accordance with the
ACT : INCOME TAX ACT 58 OF 1962 SECTION : SECTIONS 1(1 ...
www.sars.gov.zameans a section of the Act; • “tax treaty” means an agreement for the avoidance of double taxation entered into between South Africa and another country; • “the Act” means the Income Tax Act 58 of 1962; and • any other word or expression bears …
Income Tax 2010-21 - Laws of Gibraltar
www.gibraltarlaws.gov.giIncome Tax © Government of Gibraltar (w ww.gibraltarlaws.gov.gi) 2010-21 INCOME TAX ACT 2010 Principal Act Act No 2010-21 Commencement (L N.2010/180) 1.1.2011
Income Tax Act, CAP 332 Revised Edition 2006
www.tra.go.tz1 THE UNITED REPUBLIC OF TANZANIA _____ THE INCOME TAX ACT _____ CHAPTER 332 ____ REVISED EDITION 2008 This Revised edition of 2008 of the Income Tax Act…
Income Tax Act - usig.org
www.usig.orgIncome Tax Act ... Chapter II: The Taxes Part I: Normal Tax 10. Exemptions 1. There shall be exempt from the tax-- a. the revenues of the Government, any provincial administration or of any other state;
INCOME TAX ACT - Kenya Law Reports
kenyalaw.org72C. Penalty on underpayment of instalment tax. 72D. Penalty on unpaid tax. PART IX – ASSESSMENTS 73. Assessments. 74. Provisional assessments. 74A. Instalment assessment. 74B. Minimum additional tax or penalty. 75. Assessment of person about to leave or having left Kenya. 75A. Assessment in certain cases. 76. Assessment not to be made on ...
ACT : INCOME TAX ACT 58 OF 1962 SECTION - …
www.sars.gov.za4 2. Background With effect from 1 January 2011 a definition of “foreign dividend” was introduced into section 1(1) and, combined with the insertion of …
ACT : INCOME TAX ACT NO. 58 OF 1962 SECTION : …
www.sars.gov.za2 . Preamble . In this Note unless the context indicates otherwise – • “embezzlement” means the misappropriation of funds entrusted to a person
Act 53 - AGC
www.agc.gov.myprepared for publication by malayan law journal sdn bhd and printed by percetakan nasional malaysia berhad kuala lumpur branch 2006 2 income tax act 1967
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