Section 6, Tariff Act 1978 is amended by deleting tbe rate indicat€d under

Section 3 of the Income Tax Act 2000 is amended.by ffi:LHTinsertingthe following new subsection immediately afler subsection of Act No. t (Q of 2000' "(7) For the avoidance ofdoubg a person involved in the provision of the digiral products and services referred to under paragraph (m) ofsubsection(l) ofsection 89 rvhether resident or nor "nultlpuy itt"orn" t^* on all the income derived &om a source in Sien-a I-eolre. No. I The Finance AcL 2024 Amendm€nt of S'ection 6,{ of Act No- a 7. - Section 6A of rh- t^-ob- 1.ax .ri loo0 is mended by ia$ninB the words "and non'' immediately after the -,*.1-resident" ol Scction 74 oI Act No. 8 E. Section 7,A of the Income Tax Act 2000 is amended by repealing and replacing that section wjth the following new : ection Miuimum 7A. (l) Not withstanding section 3, w'here a compa,,ry Alternate (whether resident (or non-resident) makes an allowabL. loss under sectioD 32,{ fora year ofassessment beginning on or after lst day ofJanuary 2023, the company shall pay minimum altemate tax, being the percentage sprecified in Part III of the First Schedule applied to the company's tumover for the year. (2) Where a company pays minimum altemate tax for a year of assessment in accordance with subsection (l), rhe company is entitled to a minimum altemale tax credit equal to the minimum alternate tax paid for that year ofassessment. (3) Minimum alternate rax credits graDted under subsection (2) shall . (a) be available to carD/ forward and may reduce income tax (but nol minimum altemate tax) ' payable in any ofthe ten years ofassessment following the year wilh respect to which tbey are granted; (b) nol be refundable; and (c) be used in the order in which they are granted. (4) Subsection (l) shall nor apply- (a) for fhe first three years ofassessment afler a company is incorporated; (b) for the ffst two years of assessment after a company goes inlo liquidation; or r No- I The f inance Aa, 2021 l5 (c) to mineral or petroleum operations referred to in the Extractive Industries Revenue Act, m18. (5) For the purposes of subsectioD (l); tumover takes its meaning from section 2 but eYcludes any amount- (a) subject to final withholding tax; or (b) in the case of a non-resident company, that has a foreign source urless it is effectively connected with a permanent establishment in Sierra Leone. 9- Section 89 ofthe Income Tax Act 2000 is amended under subsection (l) by- (a) deleting $e two exisling paragrapbs (k) and inseftiog the following two paragraphs "(k) a premium for a general insurance paid in respect ofthe insurance ofany risk in Sierra IJone" . " (l) if derived from fees paid for providing managerial, technical or consulhncy services in Sierra Leone". O) inserting the following new paragraph irnmediately after paragraph ( I ) as follou's- "(m) derir,:d fiom the provision of digital products and services to consumers in Sierra Leone by residents and nonresidents, in any Year of assessmenl including bul not limited to the following- Amcndmcnl of Sccrion 89 of Acl No- I l6 No. I The Finance Act, 2021 G) digital products, including subs$iption based, downloadable and stream-able digital contents- satellite TVs, movies, music, apps, games, and e-books; software programs: Qf Services such as management and rechnical advisory arcbitectural or legal services (iif eiectronic data management, including transmission or collection of data about users in Sien"a Leone; (iv) sale of goods or servic€s directly, includiug online tickets and other services intermediating supplien and customers. through a digital platform; (v) purchased via non-resident market places or pay,rnent aggregators: (vi) digital gambling and betting activities; (vii) search engines and automated help desk services, e-leaming platforms, audio, vision or digital media transport hailing platforms, among others