Income Tax Department
The Income Tax Department’s mission is to fairly assess and collect taxes within the legal time frame in the most efficient and cost effective manner, to promote voluntary compliance through taxpayers’ education and to provide technical support to the Ministry of Finance.
Income Tax was enacted in Belize in 1924 and remained in that basic form up to July 1998, when Business Tax was introduced. The Legislation is now called “The Income And Business Tax Act”, with an effective date of January 1999 in its current form. The Act is divided into three parts with Income Tax under Part 1, Income Tax on Profits arising from Petroleum under Part 11 and Business Tax under Part 111. Visit Website






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