Amendments to IBC Act ahead of December Deadline
60 views · Published 13 December 2018 · 1:35 · Indexed 23 October 2026
Channel: Greater Belize Media | GBM · 2018 · News & Politics
For the latest news across Belize, visit: http://edition.channel5belize.com/ The special sitting of the House of Representatives earlier today focused primarily on the passage of two bills: the Income and Business Tax Amendment Bill, as well as the International Business Companies Amendment Bill. Those pieces of legislation are critical to Belize’s compliance with international regulations ahead of a deadline set for the end of December to avoid being blacklisted. The bills went through all motions today, despite the Opposition asking for a deferment since it had not seen the bill and therefore could not participate in it. PM Barrow explained the importance of the amendments.
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