CHAPTER 75:01 - Inland Revenue Division

Corporation Tax Act Mac 1
Vol. 1
(10) The business levy shall be under the care and management of the
Board of Inland Revenue and the provisions of the Income Tax Act in the
Table below shall apply in relation to the business levy as they apply in
relation to income tax chargeable under the Income Tax Act but subject to
any necessary modification and adaptations.
(11) Notwithstanding anything in subsection (1) from 1st January 1999 the
Business Levy shall not be levied earlier than the date of expiry of three
years from the date of registration of a Corporation which is registered after
the aforesaid date. Finance Act 35, 1998*
111 TABLE
INCOME TAX PROVISIONS APPLIED TO THE BUSINESS LEVY
Section 2 (Interpretation) Finance Act No. (2) 1993
111 BIR Note: Effective 1st January, 1993
BIR Mac Edition 91/01 Page 187