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Annual Taxing Act}{\fs24\lang2057\langfe5129\langnp2057\insrsid3294115 \par }\pard \ql \li720\ri0\widctlpar\faauto\adjustright\rin0\lin720\itap0\pararsid3294115 {\fs24\ul\lang2057\langfe5129\langnp2057\insrsid3294115\charrsid3294115 Income Tax \par }\pard \ql \li0\ri0\widctlpar\faauto\adjustright\rin0\lin0\itap0\pararsid3294115 {\fs24\lang2057\langfe5129\langnp2057\insrsid3294115\charrsid3294115 3. Rates of income tax}{\fs24\lang2057\langfe5129\langnp2057\insrsid3294115 \par }\pard \ql \li720\ri0\widctlpar\faauto\adjustright\rin0\lin720\itap0\pararsid3294115 {\fs24\ul\lang2057\langfe5129\langnp2057\insrsid3294115\charrsid3294115 Bonus Issue Tax \par }\pard \ql \li0\ri0\widctlpar\faauto\adjustright\rin0\lin0\itap0\pararsid3294115 {\fs24\lang2057\langfe5129\langnp2057\insrsid3294115\charrsid3294115 4.}{\fs24\lang2057\langfe5129\langnp2057\insrsid3294115 Rates of Bonus Issue \par }{\fs24\lang2057\langfe5129\langnp2057\insrsid3294115\charrsid3294115 5.}{\fs24\lang2057\langfe5129\langnp2057\insrsid3294115 Validation \par }{\fs24\lang2057\langfe5129\langnp2057\insrsid3294115\charrsid3294115 \par }\pard \qc \li0\ri0\widctlpar\faauto\adjustright\rin0\lin0\itap0\pararsid3294115 {\fs24\lang2057\langfe5129\langnp2057\insrsid10320266 --------------------------------}{\fs24\lang2057\langfe5129\langnp2057\insrsid3294115 \par }\pard \ql \li0\ri0\widctlpar\faauto\adjustright\rin0\lin0\itap0\pararsid3294115 {\fs24\lang2057\langfe5129\langnp2057\insrsid3294115 \par }\pard \qc \li0\ri0\widctlpar\faauto\adjustright\rin0\lin0\itap0\pararsid3294115 {\b\fs24\lang2057\langfe5129\langnp2057\insrsid3294115\charrsid3294115 1992-93, No. 14 \par }\pard \ql \li0\ri0\widctlpar\faauto\adjustright\rin0\lin0\itap0\pararsid3294115 {\fs24\lang2057\langfe5129\langnp2057\insrsid3294115\charrsid3294115 \par }\pard \ql \li720\ri0\widctlpar\faauto\adjustright\rin0\lin720\itap0\pararsid10320266 {\fs24\ul\lang2057\langfe5129\langnp2057\insrsid3294115\charrsid3294115 An Act to fix the rate of income tax and bonus issue }{ \fs24\ul\lang2057\langfe5129\langnp2057\insrsid8872480 tax }{\fs24\ul\lang2057\langfe5129\langnp2057\insrsid3294115\charrsid3294115 for the year commencing on the 1st day of January 1993 \par }\pard \ql \li0\ri0\widctlpar\faauto\adjustright\rin0\lin0\itap0\pararsid3294115 {\fs24\lang2057\langfe5129\langnp2057\insrsid3294115 \par }\pard \qr \li0\ri0\widctlpar\faauto\adjustright\rin0\lin0\itap0\pararsid8872480 {\fs24\lang2057\langfe5129\langnp2057\insrsid8872480\charrsid3294115 (4}{\fs24\lang2057\langfe5129\langnp2057\insrsid8872480 }{ \fs24\lang2057\langfe5129\langnp2057\insrsid8872480\charrsid3294115 May 1993}{\fs24\lang2057\langfe5129\langnp2057\insrsid8872480 \par }\pard \ql \li0\ri0\widctlpar\faauto\adjustright\rin0\lin0\itap0\pararsid3294115 {\fs24\lang2057\langfe5129\langnp2057\insrsid8872480 \par }{\b\fs24\lang2057\langfe5129\langnp2057\insrsid3294115\charrsid3294115 BE IT ENACTED}{\fs24\lang2057\langfe5129\langnp2057\insrsid3294115\charrsid3294115 by the Parliament of the Cook Islands in Session ass}{ \fs24\lang2057\langfe5129\langnp2057\insrsid4261225 embled, by the}{\fs24\lang2057\langfe5129\langnp2057\insrsid3294115\charrsid3294115 authority of the same, as follows: \par }{\fs24\lang2057\langfe5129\langnp2057\insrsid3294115 \par }{\fs24\lang2057\langfe5129\langnp2057\insrsid3294115\charrsid3294115 1.}{\fs24\lang2057\langfe5129\langnp2057\insrsid3294115 }{\fs24\ul\lang2057\langfe5129\langnp2057\insrsid3294115\charrsid3294115 Short Title}{ \fs24\lang2057\langfe5129\langnp2057\insrsid3294115\charrsid3294115 }{\fs24\lang2057\langfe5129\langnp2057\insrsid3294115 -}{\fs24\lang2057\langfe5129\langnp2057\insrsid3294115\charrsid3294115 This Act may be cited as the I}{ \fs24\lang2057\langfe5129\langnp2057\insrsid3294115 ncome Tax (Annual 1993) Act 1992-}{\fs24\lang2057\langfe5129\langnp2057\insrsid3294115\charrsid3294115 1993 and shall be read together w}{\fs24\lang2057\langfe5129\langnp2057\insrsid3294115 ith and deemed part of the Inco}{\fs24\lang2057\langfe5129\langnp2057\insrsid3294115\charrsid3294115 me Tax Act 1972 (hereinafter referred to as "the principal Act"). \par }{\fs24\lang2057\langfe5129\langnp2057\insrsid3294115 \par }{\fs24\lang2057\langfe5129\langnp2057\insrsid3294115\charrsid3294115 2.}{\fs24\lang2057\langfe5129\langnp2057\insrsid3294115 }{\fs24\ul\lang2057\langfe5129\langnp2057\insrsid3294115\charrsid3294115 Annual Taxing Act}{ \fs24\lang2057\langfe5129\langnp2057\insrsid3294115\charrsid3294115 }{\fs24\lang2057\langfe5129\langnp2057\insrsid3294115 -}{\fs24\lang2057\langfe5129\langnp2057\insrsid3294115\charrsid3294115 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 bon}{\fs24\lang2057\langfe5129\langnp2057\insrsid5839298 u}{\fs24\lang2057\langfe5129\langnp2057\insrsid3294115\charrsid3294115 s issue tax for the year that commenced on the 1st day of January 1993. \par }{\fs24\lang2057\langfe5129\langnp2057\insrsid3294115 \par }\pard \qc \li0\ri0\widctlpar\faauto\adjustright\rin0\lin0\itap0\pararsid3294115 {\fs24\ul\lang2057\langfe5129\langnp2057\insrsid3294115\charrsid3294115 Income Tax \par }\pard \ql \li0\ri0\widctlpar\faauto\adjustright\rin0\lin0\itap0\pararsid3294115 {\fs24\lang2057\langfe5129\langnp2057\insrsid3294115\charrsid3294115 \par 3.}{\fs24\lang2057\langfe5129\langnp2057\insrsid3294115 }{\fs24\ul\lang2057\langfe5129\langnp2057\insrsid3294115\charrsid3294115 Rates of income tax}{\fs24\lang2057\langfe5129\langnp2057\insrsid3294115\charrsid3294115 }{ \fs24\lang2057\langfe5129\langnp2057\insrsid3294115 -}{\fs24\lang2057\langfe5129\langnp2057\insrsid3294115\charrsid3294115 For the year commencing on the 1st da}{\fs24\lang2057\langfe5129\langnp2057\insrsid3294115 y }{ \fs24\lang2057\langfe5129\langnp2057\insrsid3294115\charrsid3294115 of January 1993 income tax shall be assessed, levied, and pai}{\fs24\lang2057\langfe5129\langnp2057\insrsid3294115 d, pursuant to Part V of the pri}{ \fs24\lang2057\langfe5129\langnp2057\insrsid3294115\charrsid3294115 ncipal Act, at the rate specified in the First Schedule to that Act (as amended by clause 4 of the Income Tax Amendment Act 1989). \par }{\fs24\lang2057\langfe5129\langnp2057\insrsid3294115 \par }\pard \qc \li0\ri0\widctlpar\faauto\adjustright\rin0\lin0\itap0\pararsid3294115 {\fs24\ul\lang2057\langfe5129\langnp2057\insrsid3294115\charrsid3294115 Bonus Issue Tax \par }\pard \ql \li0\ri0\widctlpar\faauto\adjustright\rin0\lin0\itap0\pararsid3294115 {\fs24\lang2057\langfe5129\langnp2057\insrsid3294115 \par 4. }{\fs24\ul\lang2057\langfe5129\langnp2057\insrsid3294115\charrsid3294115 Rates of Bonus Issue Tax}{\fs24\lang2057\langfe5129\langnp2057\insrsid3294115 - For the year commencing on the 1st}{ \fs24\lang2057\langfe5129\langnp2057\insrsid3294115\charrsid3294115 }{\fs24\lang2057\langfe5129\langnp2057\insrsid3294115 day }{\fs24\lang2057\langfe5129\langnp2057\insrsid3294115\charrsid3294115 January 1993 bonus issue tax shall be assessed, levied, and paid p}{\fs24\lang2057\langfe5129\langnp2057\insrsid4786508 ursuant to Part VIII of the}{\fs24\lang2057\langfe5129\langnp2057\insrsid3294115\charrsid3294115 principal Act at the rate specified in clause 6 of Part A of the Firs}{\fs24\lang2057\langfe5129\langnp2057\insrsid3294115 t Schedule to that Act. \par }{\fs24\lang2057\langfe5129\langnp2057\insrsid3294115\charrsid3294115 \par 5.}{\fs24\lang2057\langfe5129\langnp2057\insrsid3294115 }{\fs24\ul\lang2057\langfe5129\langnp2057\insrsid3294115\charrsid3294115 Validation}{\fs24\lang2057\langfe5129\langnp2057\insrsid3294115\charrsid3294115 }{ \fs24\lang2057\langfe5129\langnp2057\insrsid3294115 - }{\fs24\lang2057\langfe5129\langnp2057\insrsid3294115\charrsid3294115 All income tax and all bonus issue tax }{\fs24\lang2057\langfe5129\langnp2057\insrsid7561912 assessed, levied and paid }{ \fs24\lang2057\langfe5129\langnp2057\insrsid3294115\charrsid3294115 for the year commencing on the 1st day of January 1993 is hereby }{\fs24\lang2057\langfe5129\langnp2057\insrsid7561912 validated and declared to }{ \fs24\lang2057\langfe5129\langnp2057\insrsid3294115\charrsid3294115 be, and always to have been, lawf}{\fs24\lang2057\langfe5129\langnp2057\insrsid4147791 ully assessed, levied, and paid.}{ \fs24\lang2057\langfe5129\langnp2057\insrsid3294115\charrsid3294115 \par }{\fs24\lang2057\langfe5129\langnp2057\insrsid3294115 \par }\pard \qc \li0\ri0\widctlpar\faauto\adjustright\rin0\lin0\itap0\pararsid3294115 {\fs24\lang2057\langfe5129\langnp2057\insrsid10320266 ----------------------------}{\fs24\lang2057\langfe5129\langnp2057\insrsid3294115 \par }\pard \ql \li0\ri0\widctlpar\faauto\adjustright\rin0\lin0\itap0\pararsid3294115 {\fs24\lang2057\langfe5129\langnp2057\insrsid3294115 \par }\pard \qc \li0\ri0\widctlpar\faauto\adjustright\rin0\lin0\itap0\pararsid4786508 {\fs24\lang2057\langfe5129\langnp2057\insrsid3294115\charrsid3294115 This Act is administered by the Inland Revenue D}{\fs24\lang2057\langfe5129\langnp2057\insrsid3294115 epartment.}{\fs24\lang2057\langfe5129\langnp2057\insrsid3294115\charrsid3294115 \par }}