Law library · Sierra Leone · The Finance Act, 2016
Section 6, The Finance Act, 2016
Status not yet checkedThe Finance Act, 2016, Sierra Leone
The Income Tax Act, 2000 is amended by insertingimmediately after section 31 the following new section–
31A. (1) The income of any Sierra Leone
company that provides commercial passenger
flights is exempt from tax for the year of assessment
ending 31 December 2016 and the subsequent four
years of assessment.
(2) For subsection (1) “Sierra Leone company” means a
company–
(a) that is incorporated in Sierra Leone;
(b) that is largely managed or controlled in Sierra
Leone; and
(c) the underlying ownership or control of which
is held or exercised by citizens of Sierra
Leone.”.
of Section 2.
of section 9.
of Section
4(3).
of Section 20.
Mining sector
taxation.
of Section 23.
of Section
31 A.
Exemption
of income of
Sierra Leone
airlines.
No. 6 Finance Act 2016 No. 6 Finance Act 20164 5
Read the whole lawDownload PDFAsk Tima what this means
Check the current official version before relying on this text. MiLAWYER shares legal information, not legal advice.