Professional statute overview
Enactment structure, operative effect and source provenance
01
Purpose and legislative effect
“These Regulations may be cited as the Income Tax (Turnover Tax) Regulations, 2014, are read together with the 2009 principal Regulations, and come into operation on 1 January 2015.”
These Regulations may be cited as the Income Tax (Turnover Tax) Regulations, 2014, are read together with the 2009 principal Regulations, and come into operation on 1 January 2015. The definition of “turnover” is expanded to include gross earnings, income, revenue, takings, yield, or proceeds, but it excludes interest, rental income, royalties, and dividends. A turnover return may be submitted manually within 5 days after the end of the relevant income tax month, while an electronic return must be lodged within 14 days after that month ends.
02
How the instrument operates
- 01
Start with the recorded version
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- 02
Locate the controlling provision
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- 03
Read conditions and exceptions together
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- 04
Verify currency and official wording
Confirm later legislation, commencement notices and corrections with the official publisher before advice, filing or reliance.
03
Research entry points
Selected provisions across the instrument. Open any row to continue with the exact stored text.
These Regulations may be cited as the Income Tax (Turnover Tax) Regulations, 2014, are read together with the 2009 principal Regulations, and come into operation on 1 January 2015.
Section 1
The definition of “turnover” is expanded to include gross earnings, income, revenue, takings, yield, or proceeds, but it excludes interest, rental income, royalties, and dividends.
Section 2
A turnover return may be submitted manually within 5 days after the end of the relevant income tax month, while an electronic return must be lodged within 14 days after that month ends.
Section 3
04
Source and current-law status
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Source record from zambialii.org · Undated source snapshot
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