Home | Databases | WorldLII | Search | Feedback Marshall Islands Sessional Legislation

  Download original PDF

Local Government Tax and Fees (Amendment) Act (No.2) 2013

NITIJELA OF THE REPUBLIC OF THE MARSHALL ISLANDS

34^TH CONSTITUTIONAL REGULAR SESSION, 2013

BILL NO.:34

P.L. 2013-15

LOCAL GOVERNMENT TAX AND FEES (AMENDMENT) ACT (NO.2) 2013

AN ACT

To amend the Title 4, Chapter 2 of MIRC, the Local Government Tax and Fees Act of 1989 in order to remove the one year exception for Foreign Investment License holders not to pay Local Government Business License.

BE IT ENACTED BY THE NITIJELA OF THE REPUBLIC OF THE MARSHALL ISLANDS:

Section 1. Short title.
This Act may be cited as the Local Government Tax and Fees (Amendment) Act (No.2), 2013.

Section 2. Amendment.

Section 202 of the Principal Act is hereby amended by repealing Subsection (3) and substitute with a new language as follows:

"(3) Where a license is granted under the Foreign Investment Business License Act of 1990, such a license shall not be construed in any way as empowering the licensee to do business in the Marshall Islands out rightly without having to comply with applicable laws of the Republic of the Marshall Islands including the Local Government ordinances pertaining to doing business in the Republic of the Marshall Islands."

Section 3. Effective date.

This Act shall take effect on the date of certification in accordance with the Constitution and the Rules of Procedures of the Nitijela.

________________