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\qc \li0\ri0\widctlpar\faauto\adjustright\rin0\lin0\itap0\pararsid14305053 \fs20\lang1033\langfe5129\cgrid\langnp1033\langfenp5129 {\b\fs24\lang2057\langfe5129\langnp2057\insrsid14305053\charrsid14305053 COOK ISLANDS
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\par Title
\par 1. Short title
\par 2. Annual Taxing Act
\par 3. Rates of Income Tax
\par 4. Rates of B}{\fs24\lang2057\langfe5129\langnp2057\insrsid14305053\charrsid14305053 onus Issue Tax }{\fs24\lang2057\langfe5129\langnp2057\insrsid14305053 
\par }{\fs24\lang2057\langfe5129\langnp2057\insrsid14305053\charrsid14305053 5. Validation
\par }{\fs24\lang2057\langfe5129\langnp2057\insrsid14305053 
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\par }\pard \qc \li0\ri0\widctlpar\faauto\adjustright\rin0\lin0\itap0\pararsid14305053 {\b\fs24\lang2057\langfe5129\langnp2057\insrsid14305053\charrsid14305053 1989, No. 1
\par }\pard \ql \li0\ri0\widctlpar\faauto\adjustright\rin0\lin0\itap0\pararsid14305053 {\fs24\lang2057\langfe5129\langnp2057\insrsid14305053 
\par }\pard \ql \li720\ri0\widctlpar\faauto\adjustright\rin0\lin720\itap0\pararsid8612928 {\fs24\ul\lang2057\langfe5129\langnp2057\insrsid14305053\charrsid14305053 
An Act to fix the rates of income tax and bonus issue tax for the year commencing on the 1st day of January, 1988}{\fs24\ul\lang2057\langfe5129\langnp2057\insrsid14305053 .}{\fs24\ul\lang2057\langfe5129\langnp2057\insrsid14305053\charrsid14305053 
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\par }\pard \qr \li0\ri0\widctlpar\faauto\adjustright\rin0\lin0\itap0\pararsid14305053 {\fs24\lang2057\langfe5129\langnp2057\insrsid14305053\charrsid14305053 (1 May 1989
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\par }{\b\fs24\lang2057\langfe5129\langnp2057\insrsid14305053\charrsid6971285 BE IT ENACTED}{\fs24\lang2057\langfe5129\langnp2057\insrsid14305053\charrsid14305053  by the Parliament of the Cook Islands }{\fs24\lang2057\langfe5129\langnp2057\insrsid5112102 in }
{\fs24\lang2057\langfe5129\langnp2057\insrsid14305053\charrsid14305053 Session assembled, and by the authority of the same, }{\fs24\lang2057\langfe5129\langnp2057\insrsid5112102 as }{\fs24\lang2057\langfe5129\langnp2057\insrsid14305053\charrsid14305053 
follows:
\par }{\fs24\lang2057\langfe5129\langnp2057\insrsid14305053 
\par }{\fs24\lang2057\langfe5129\langnp2057\insrsid14305053\charrsid14305053 1. }{\fs24\ul\lang2057\langfe5129\langnp2057\insrsid14305053\charrsid14305053 Short Title}{\fs24\lang2057\langfe5129\langnp2057\insrsid14305053  -}{
\fs24\lang2057\langfe5129\langnp2057\insrsid14305053\charrsid14305053 
 This Act may be cited as the Income Tax (Annual 1988) Act 1989 and shall be read together with and deemed part of the Income Tax Act 1972 (hereinafter referred to as "the principal Act").
\par }{\fs24\lang2057\langfe5129\langnp2057\insrsid14305053 
\par }{\fs24\lang2057\langfe5129\langnp2057\insrsid14305053\charrsid14305053 2. }{\fs24\ul\lang2057\langfe5129\langnp2057\insrsid14305053\charrsid14305053 Annual Taxing Act}{\fs24\lang2057\langfe5129\langnp2057\insrsid14305053  -}{
\fs24\lang2057\langfe5129\langnp2057\insrsid14305053\charrsid14305053 
 For the purposes of the principal Act, this Act shall be deemed to be an annual taxing Act fixing the rates of income tax and bonus issue tax for the year that commencing on the 1st day of January}{\fs24\lang2057\langfe5129\langnp2057\insrsid14305053  }{
\fs24\lang2057\langfe5129\langnp2057\insrsid14305053\charrsid14305053 1988.
\par }{\fs24\lang2057\langfe5129\langnp2057\insrsid14305053 
\par }{\fs24\lang2057\langfe5129\langnp2057\insrsid14305053\charrsid14305053 3. }{\fs24\ul\lang2057\langfe5129\langnp2057\insrsid14305053\charrsid14305053 Rates of income tax}{\fs24\lang2057\langfe5129\langnp2057\insrsid14305053  -}{
\fs24\lang2057\langfe5129\langnp2057\insrsid14305053\charrsid14305053  For the year 
commencing on the 1st day of January 1988 income tax shall be assessed, levied and paid, pursuant to Part V of the principal Act, at the rate specified in the First Schedule of that Act (as amended by clause 11 of the Income Tax Amendment (No. 2) Act 1987
).
\par }{\fs24\lang2057\langfe5129\langnp2057\insrsid14305053 
\par }{\fs24\lang2057\langfe5129\langnp2057\insrsid14305053\charrsid14305053 4. }{\fs24\ul\lang2057\langfe5129\langnp2057\insrsid14305053\charrsid14305053 Rates of Bonus Issue Tax}{\fs24\lang2057\langfe5129\langnp2057\insrsid14305053  -}{
\fs24\lang2057\langfe5129\langnp2057\insrsid14305053\charrsid14305053 
 For the year commencing on the 1st day of January 1988, bonus issue tax shall be assessed, levied and paid, pursuant to Part VIII of the principal Act, at the rate specified in clause 6 of Part A of the First Schedule to that Act.
\par 
\par 5.}{\fs24\lang2057\langfe5129\langnp2057\insrsid14305053  }{\fs24\lang2057\langfe5129\langnp2057\insrsid14305053\charrsid14305053 V}{\fs24\ul\lang2057\langfe5129\langnp2057\insrsid14305053\charrsid14305053 alidation }{
\fs24\lang2057\langfe5129\langnp2057\insrsid14305053 - All}{\fs24\lang2057\langfe5129\langnp2057\insrsid5112102  income ta}{\fs24\lang2057\langfe5129\langnp2057\insrsid14305053\charrsid14305053 x and all bonus issu}{
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\fs24\lang2057\langfe5129\langnp2057\insrsid14305053 o be, }{\fs24\lang2057\langfe5129\langnp2057\insrsid14305053\charrsid14305053 and shall be denied always to have}{\fs24\lang2057\langfe5129\langnp2057\insrsid14305053  }{
\fs24\lang2057\langfe5129\langnp2057\insrsid14305053\charrsid14305053 lawfully }{\fs24\lang2057\langfe5129\langnp2057\insrsid5112102 assessed, }{\fs24\lang2057\langfe5129\langnp2057\insrsid14305053\charrsid14305053 levied and paid.
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\par }\pard \qc \li0\ri0\widctlpar\faauto\adjustright\rin0\lin0\itap0\pararsid5112102 {\fs24\lang2057\langfe5129\langnp2057\insrsid14305053\charrsid14305053 This Act is administered by the Inland Revenue Departme}{
\fs24\lang2057\langfe5129\langnp2057\insrsid14305053 nt.}{\fs24\lang2057\langfe5129\langnp2057\insrsid14305053\charrsid14305053 
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