Home | Databases | WorldLII | Search | Feedback Tonga Sessional Legislation

Income Tax (Amendment) Act 1995

Commencement: 1 July, 1995

KINGDOM OF TONGA

INCOME TAX (AMENDMENT) ACT 1995
No. 11 of 1995

I assent,

TAUFA’AHAU TUPOU IV,

12^th October 1995.

-------------------------------------------

AN ACT

TO AMEND THE INCOME TAX ACT

[19^th September, 1995]

BE IT ENACTED by the King and Legislative Assembly of Tonga in the Legislature of the Kingdom as follows: -

1. (1) This Act may be cited as the Income Tax (Amendment) Act 1995, and shall be deemed to have come into operation on 1 July 1995.

(2) The Income Tax Act (Cap. 68), as amended, is in this Act referred to as the Principal Act.

2. Section 11(p) of the Principal Act is amended by -

(i) inserting between the words "income" and "derived" the words "of a natural person";

(ii) deleting the year "1995" and substituting the year "2000".

(iii) renumbering it as section 11 p(1) and inserting the following as section 11 p(2) -

"(2) this exemption does not apply to income derived from the purchase and resale of goods from farming or fishing activities."

Passed by the Legislative Assembly this 19th day of September, 1995.

-----------------------------------------------