4 of 2014 retention tax (amendment) ordinance

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TURKS AND CAICOS ISLANDS RETENTION TAX (AMENDMENT) ORDINANCE 2014 (Ordinance 4 of 2014) ARRANGEMENT OF SECTIONS SECTION

1. Short title and commencement 2. Section 8 amended

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TURKS AND CAICOS ISLANDS (Ordinance 4 of 2014) Assent………………………………………………….4th February 2014 Publication in Gazette……………………………….7th February 2014 Commencement………………………………………7th February 2014 AN ORDINANCE TO AMEND THE RETENTION TAX ORDINANCE; AND FOR MATTERS CONNECTED THERETO.

ENACTED by the Legislature of the Turks and Caicos Islands.

Short title and commencement 1. This Ordinance may be cited as the Retention Tax (Amendment) Ordinance 2014 and shall come into operation on publication.

Section 8 amended 2. Section 8 of the Retention Tax Ordinance is amended by inserting after subsection (4) the following subsection— “(5) A paying agent who fails to comply with this section commits an offence and is liable on summary conviction to a fine not exceeding $10,000.”. ________________________

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