Income Tax (African Management Services Company) (Approval and Exemption) Order, 2017

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Jurisdiction: Zambia
Instrument: Statutory instrument
Citation: SI 70 of 2017
Version: 29 Sept 2017
Language: en
Official source: View official record ↗

approval exemption income tax income tax exemption tax exemption

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This provision states the Order’s short title. AMSCO is approved for a tax exemption for the agreement named in the Schedule. Income earned by the organisation approved in paragraph 2, under the Schedule agreement, is exempt from tax.

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Provisions of Income Tax (African Management Services Company) (Approval and Exemption) Order, 2017

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

1. This Order may be cited as the Income Tax (African Management Services Company) (Approval and Exemption) Order, 2017 Title
2
The African Management Services Company (AMSCO) is
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AI-assisted research summary: AMSCO is approved for a tax exemption for the agreement named in the Schedule.

2. The African Management Services Company (AMSCO) is an approved organisation for purposes of exemption from tax with respect to the agreement specified in the Schedule. Approval of international organisation
3
The income earned by the organisation approved in
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AI-assisted research summary: Income earned by the organisation approved in paragraph 2, under the Schedule agreement, is exempt from tax.

3. The income earned by the organisation approved in paragraph 2 and accruing under the Agreement specified in the Schedule is exempt from tax pursuant to paragraph 5 (5) of Part III of the Second Schedule to the Act. Exemption from tax SCHEDULE (Paragraph 2) AGREEMENT The Cooperation Framework Agreement for Enterprise Development in Zambia between the Government of the Republic of Zambia through Ministry of Finance and the African Management Services Company, signed at Lusaka on 17th February, 2017. LUSAKA 28th September, 2017 [MFB.64/9/4C] F. MUTATI, Minister of Finance Copies of this Statutory Instrument can be obtained from the Government Printer, P.O. Box 30136, 10101 Lusaka. Price K4.00 each. 812 Statutory Instruments 29th September, 2017

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Income Tax (African Management Services Company) (Approval and Exemption) Order, 2017

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Provisions of Income Tax (African Management Services Company) (Approval and Exemption) Order, 2017

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