Gov’t Moves to Update Income Tax Relief Act for Large-Scale Projects and Pioneer Industries
The Government is in the process of repealing and updating the Income Tax Relief (Large-Scale Projects and Pioneer Industries) Act to, “ensure that it is fit for purpose” according to Minister of Finance and the Public Service, Hon. Fayval Williams. The revamped legislation is expected to offer a range of tax benefits to large-scale investors. Minister Williams, who was delivering...