Income Tax (Concessionary Rate of Tax for Approved Offshore Composite Insurers) Regulations
Table of Contents
1 Citation
2 Definitions
3 Approval of insurer
3A Previously approved insurers
4 Approval of marine hull and liability insurer
4A Approval of captive insurer
4B Approval of specialised insurer
4C (Deleted)
5 Concessionary rate of tax for approved insurer
5A (Deleted)
5B Concessionary rate of tax for income of approved marine hull and liability insurer
6 Calculation of dividends, interest and gains from sale of offshore investments for approved insurer
6A (Deleted)
7 Income of approved marine hull and liability insurer exempt from tax
7A Income of approved captive insurer exempt from tax
7B Income of approved specialised insurer exempt from tax
8 Apportionment of expenses, allowances and donations
9 Determination of income exempted from tax
10 Apportionment of income between policyholders and shareholders
Legislative History