で
of his income, shall be entitled to relief from tax under this
Ordinance paid or payable by him on that part of his income
at a rate equal to the amount by which the rate of tax
appropriate to his case under this Ordinance exceeds half the
appropriate rate of United Kingdon tax. If, however, the rate
of tax appropriate to his case under this Ordinance exceeds the
appropriate rate of United Kingdom tax he shall be entitled only
to relief at rate equal to half the appropriate rate of
United Kingdon tax.
(2) For
purposes of this section a certificate
issued by or on behalf of the Commissioners of Inland Revenue
in the United Kingdom shall be receivable in evidence to show
what is the appropriate rate of United Kingdom tax in any
particular case.
(3) For the purposes of this section the expression
"rate of tax" when applied to tax paid or payable under this
Ordinance means the rate detemined by dividing the amount of
the tax paid or payable for the year (before the deduction of
the relief granted under this section) by the amount of the
income in respect of which the tax paid or payable under this
Ordinance has been charged for that year except that where the
income which is the subject of a claim to relief under this
section is computed by reference to the provisions of section
twenty-seven of this Ordinance on an amount other than the
ascertained amount of the actual profits, the rate of tax shall
be determined by the Comissioner.
46. (1) If any person resident in the Colony who has paid,
by deduction or otherwise, or is liable to pay, tax under this
Ordinance for any year of assessment on any part of his income,
proves to the satisfaction of Commissioner that he has paid,
by deduction or otherwise, or is liable to pay, Empire income
tax for that year in respect of the same part of his income,
he shall be entitled to relief from tax in the Colony paid
or payable by him on that part of his income at a rate thereon
to be determined as follows »
/(a)
No comments yet.
Private notes are available after approval.