Exemption from income tax, business tax, property tax, and other duties

(1) Every Non-Governmental Organisation registered under this Act shall be exempt from the payment of income tax, but subject to the provisions of regulations made under sub- section (3), may apply to the Minister of Finance to be exempted from the payment of business tax or any other tax, duty or impost levied by the Government from time to time. (2) Subject to sections 17 and 109 (1) of the Income and Business Tax Act, every person in Belize who makes a donation to a Non-Governmental Organisation registered under this Act shall be eligible, in the financial year when the donation is made, to have such donation treated as tax-deductible for income tax and business tax purposes. Non-Governmental Organisations[CAP. 315 17 (3) The Minister of Finance may, after consultation with the Minister, make Regulations to give effect to the provisions of this section.