Tax Ruling

PUBLIC RULING TREATMENT OF DESIGNATED PROCESSING AREA (DPA)

The objective of this public ruling is to set out the Director General’s position
regarding the application of specific provisions of legislation contained herein
and to provide further clarity on Designated Processing Areas (DPA) requirement
to file and pay Corporate Income Tax (CIT) as introduced by the Income and
Business Tax (Amendment) Act (hereinafter referred to as “the Amendment”)
which took effect on January 1st, 2025.

PUBLIC RULING CREDIT AGAINST TAX ABSOLUTE AND IMMEDIATE GIFTS

The objective of this public ruling is to set out the Director General’s position
regarding the application of specific provisions of legislation contained herein.
More specifically, to provide further clarity on acceptable sports and
organizations, as well as educational development in Belize, in relation to section
108B

GENERAL SALES TAX (AMENDMENT OF SCHEDULE) ORDER, 2024

STATUTORY INSTRUMENT
NO. OF 2024
ORDER made by the Minister responsible for Finance in exercise of the powers conferred upon him by section 95 of the General Sales Tax Act, Chapter 63 of the Substantive Laws of Belize, Revised Edition 2020, and all other powers thereunto him enabling.
(Gazetted ……………………………, 2024)

PUBLIC RULING GENERAL SALES TAX TREATMENT OF TAX FOR RETURNABLEBEVERAGE CONTAINERS

1.0
OBJECTIVE
1.1 The objective of this public ruling is to set out the Director General’s interpretation of the application of specific provisions of the General Sales Tax Act (GST Act) to the transaction specified below.
1.2 The purpose is to achieve consistency in the administration of tax legislation and to provide guidance to the public and officers of the Belize Tax Service Department (“BTSD”).
1.3 This public ruling is made pursuant to Section 9 of the Tax Administration and Procedure Act, (“TAPA”) and is binding on the Director General until revoked. This public ruling is not binding on the taxpayers.

ADJUNCT TAX RULING

1.0 OBJECTIVE
1.1 The objective of this public ruling is to set out the Director General’s interpretation of the application of specific provisions of the Income and Business Tax Act (“IBTA”) to the transaction specified below.
1.2 The purpose is to achieve consistency in the administration of tax legislation and to provide guidance to the public and officers of the Belize Tax Service Department (“BTSD”).
1.3 This public ruling is made pursuant to Section 9 of the Tax Administration and Procedure Act, (“TAPA”) and is binding on the Director General until revoked. This public ruling is not binding on the taxpayers.