Investment Incentives Order, 2001 · As enacted · Part IX · International Trade Incentives
67. Application of Part X of Income Tax Act
Official textFrom Attorney General's Chambers, unchanged
Part X of the Income Tax Act (relating to returns of income) shall apply in all respects as if the whole of the income of an international trading company were chargeable to tax.
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The annual return of income shall be accompanied by such evidence as, in the opinion of the Collector, is necessary to verify the income derived from the export sales of qualifying manufactured goods, Brunei Darussalam domestic produce and qualifying commodities.
Collector
"Collector" means the Collector of Income Tax appointed under the Income Tax Act;
Ascertainment of income in respect of other trade or business.
Terms defined in this Act
Brunei Darussalam domestic produce
Defined · s 63"Brunei Darussalam domestic produce" means prawns, fish (including aquarium fish), chicken, ornamental plants and orchids produced in Brunei Darussalam and such other domestic produce as may be approved by the Minister. International trading company.
Collector
Defined · s 3"Collector" means the Collector of Income Tax appointed under the Income Tax Act;
international trading company
Defined · s 63"international trading company" means a corilpany which has been issued with a certificate under section 64;
qualifying commodities
Defined · s 63"qualifying commodities" means any commodity in respect of which one or more certificates of origin or other documents have been issued by the Minister for the purpose of the export of such commodity;
qualifying manufactured goods
Defined · s 63"qualifying manufactured goods" means Brunei Darussalam manufactured goods in respect of which one or more certificates of origin or other documents indicating that the goods are manufactured in Brunei Darussalam have been issued by the Minister for the purpose of the export of such goods;
Part X
Foreign Loans for Productive Equipment
Part XI
Investment Allowances
Part XII
Part XIII