Taxation (Deficit Reduction) Act (No. 2) 1993 (55 of 1993)

Part 4   AMENDMENT OF THE INCOME TAX RATES ACT 1986

Division 2   Registered organisations

Subdivision B   Rate for 1994-95

18   Rates of tax payable by companies

 

(1) Section 23 of the Principal Act is amended by omitting from paragraph (4)(b) "30%" and substituting "33%".
            

      

(2) The amendments made by subsection (1) apply to assessments in respect of income of the 1994-95 year of income.