Regulatory Alerts2015-01-01
Banks (Tax on Assets) (Amendment) Act, 2015-13
The Parliament of Barbados enacted the Banks (Tax on Assets) (Amendment) Act, 2015-13 to modify the Banks (Tax on Assets) Act, 2013-20. The legislation updates the definition of 'Commissioner' to mean the Revenue Commissioner and extends the Act's application period by one year. Specifically, the amendment changes the relevant deadlines from August 31, 2015, and March 31, 2015, to August 31, 2016, and March 31, 2016, respectively.
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