Senate Passes Omnibus Tax Legislation
The Senate on Friday, December 6, passed the Omnibus legislation which seeks to establish a transparent and coherent regime to govern all tax incentives. The Bills passed are the Fiscal Incentives (Miscellaneous Provisions) Act; and the Income Tax Relief (Large Scale Projects and Pioneer Industries) Act 2013. The Fiscal Incentives (Miscellaneous Provisions) Act 2013 sets out the reforms to be...


