Income Tax (Minerals Income Investment Fund Exemptions) Regulations, 2020 🇬🇭

Ghana

L.I. 2433

Income Tax (Minerals Income Investment Fund Exemptions) Regulations, 2020

Published in Government Gazette on 20 October 2020
Assented to on 20 October 2020
Commenced on 4 January 2021
[This is the version of this document from 20 October 2020.]

In exercise of the power conferred on the Minister responsible for Finance by subsection (2) of section 7 of the Income Tax Act, 2015 (Act 896), these Regulations are made this 20th day of October, 2020.

Preliminary

1. Application of Regulations

These Regulations apply to

(a)the income of the Minerals Income Investment Fund;

(b)any dividend paid to or received by a Special Purpose Vehicle;

(c)any dividend paid by a Special Purpose Vehicle; and

(d)the income of a Special Purpose Vehicle or an entity assigned minerals income or minerals equity interest under an allocation agreement relating to the assigned minerals income or minerals equity interest.

Exemptions

2. Exemptions

The following are exempt from tax:

(a)the income of the Minerals Income Investm…

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