← belizelaw.ai · Income And Business Tax, Cap. 55 · PART IX — Income Tax on Profits from Petroleum Operations

Purchaser of business, etc., to pay arrears of tax

Cap. 55, s. 117 · Revised Edition 2020

Every person or entity who purchases an entity or business shall first ensure that all taxes due from such entity or business under this Part have been paid as evidenced by a certificate issued by the Commissioner, and in the event of his or its failure or neglect to obtain such certificate the purchaser shall be liable to pay to the Commissioner all arrears of tax due from such entity or business.

Amended by: 8 of 2019

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Purchaser of business, etc., to pay arrears of tax — Cap. 55 s. 117 · Belize Law