Super profits tax suspension removes chargeability for companies for assessment years beginning on or after the effective date. Super profits tax is not chargeable for assessment years commencing on or after 1 April 1964 in respect of the chargeable profits of any company; this ... Summary
Super profits tax suspension removes chargeability for companies for assessment years beginning on or after the effective date.
Super profits tax is not chargeable for assessment years commencing on or after 1 April 1964 in respect of the chargeable profits of any company; this operates notwithstanding the Super Profits Tax Act, 1963 and removes the statutory basis for levying super profits tax on such assessment years.
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