Section 56: The income derived by a Company
This section is inserted by Act No 15 of 2021, section 38.
consolidated text (as at 2017, amended since). juris shows the text as it was consolidated; it does not confirm that this is the law in force today.
56. The income derived by a Company
incorporated on or after 1 July 2021 and
(cid:75)(cid:82)(cid:79)(cid:71)(cid:76)(cid:81)(cid:74)(cid:3)(cid:68)(cid:81)(cid:3)(cid:44)(cid:81)(cid:89)(cid:72)(cid:86)(cid:87)(cid:80)(cid:72)(cid:81)(cid:87)(cid:3)(cid:38)(cid:72)(cid:85)(cid:87)(cid:76)(cid:191)(cid:70)(cid:68)(cid:87)(cid:72)(cid:3)(cid:76)(cid:86)(cid:86)(cid:88)(cid:72)(cid:71)(cid:3)
by the Economic Development Board for
a period of 8 succeeding years from the
income year in which that Company is
incorporated.
(ap) in the Third Schedule –
(i) in Part I –
(A) by deleting note 2 and replacing it by the
following note –
Ask juris about this section Official source
Questions this section answers
- For how many years is a company incorporated on or after 1 July 2021 with an Investment Certificate exempt from tax?