Taxation (Residential Land Withholding Tax, GST on Online Services, and Student Loans) Bill

  • enacted
42 Section RA 10 amended (When obligations not met)

(1)

In section RA 10(1)(a), replace “a PAYE income payment” with “a PAYE income payment, a residential land purchase amount”.

(2)

In section RA 10(1)(b), replace “amount.” with “amount; or”, and after section RA 10(1)(b), insert:

(c)

a vendor liable to pay an amount of RLWT does not pay the amount.

(3)

In section RA 10, in the list of defined terms, insert “residential land purchase amount” and “RLWT”.