Income Tax (Foreign Organisations) (Exemption Approval) (No. 2) Order, 1980

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Jurisdiction: Zambia
Instrument: Statutory instrument
Citation: SI 24 of 1980
Version: 1 Feb 1980
Language: en
Official source: View official record ↗

foreign organisations government contracts income tax tax exemption

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This provision gives the Order’s short title. The section approves Nissho-Iwai Company Limited, for the contract in the Schedule, for the purpose of tax exemption. A specified foreign organisation’s income and emoluments from the listed contract are exempt from tax.

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Provisions of Income Tax (Foreign Organisations) (Exemption Approval) (No. 2) Order, 1980

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1
This Order may be cited as the Income Tax (Foreign
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AI-assisted research summary: This provision gives the Order’s short title.

1. This Order may be cited as the Income Tax (Foreign Organisations) (Exemption Approval) (No. 2) Order, 1980. 'l'1tle
2
With respect to the Contract described in the Schedule
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AI-assisted research summary: The section approves Nissho-Iwai Company Limited, for the contract in the Schedule, for the purpose of tax exemption.

2. With respect to the Contract described in the Schedule hereto, Nissho-Iwai Company Limited is hereby approved for the purpose of exemption from tax. Apnrnvlll of foreign org-.. misation
3
The income and emoluments of the foreign organisation
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AI-assisted research summary: A specified foreign organisation’s income and emoluments from the listed contract are exempt from tax.

3. The income and emoluments of the foreign organisation approved in paragraph 2 of this Order accruing under the Contract described in the Schedule hereto, shall be exempt from tax pursuant to sub-paragraph (c) of para.graph 4 of Part II of the Second Schedule to tho Act. Exrmption from tAlr: LUSAKA 22nd January, 1980 [MF.104/70/81 K. s. K. MUSOKOTWANE, .Minister of Finance SC'REDULE (Paraqraph 2) The Contract between the l\linistry of Information and Brondcn.3ting Services and Nissho-Iwcti Company Limited of Japan to construct tho M8S3 Media Complex for the 11:li.nistry of Information and Broadcasting Service, in Lusaka. Oopiu of tl1u Statuwry I rutrumsnt can be obtnintd from #lie Gouernme nt Printer, P.O. Bo:c 136 . .uu.,aka. Price 10n each.

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Income Tax (Foreign Organisations) (Exemption Approval) (No. 2) Order, 1980

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Provisions of Income Tax (Foreign Organisations) (Exemption Approval) (No. 2) Order, 1980

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