Income Tax Act
(CHAPTER 134)

(Original Enactment: Ordinance 39 of 1947)

REVISED EDITION 2014
(31st March 2014)
An Act to impose a tax upon incomes and to regulate the collection thereof.
[1st January 1948]
PART I
PRELIMINARY
Short title
1.  This Act may be cited as the Income Tax Act.
Interpretation
2.—(1)  In this Act, unless the subject or context otherwise requires —
“account with the electronic service”, in relation to any person, means a computer account within the electronic service which is assigned by the Comptroller to that person for the storage and retrieval of electronic records relating to that person;
“accountant” means a public accountant within the meaning of the Accountants Act (Cap. 2);
“advocate and solicitor” means an advocate and solicitor within the meaning of the Legal Profession Act (Cap. 161);
“annual value” has the same meaning as in section 2 of the Property Tax Act (Cap. 254) and shall be ascertained in the same manner as annual value is ascertained under that Act;
“approved pension or provident fund or society” means a pension or provident fund or society approved by the Comptroller under section 5;
“authentication code”, in relation to any person, means an identification or identifying code, a password or any other authentication method or procedure which is assigned to that person for the purposes of identifying and authenticating the access to and use of the electronic service by that person;