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The major oil companies are still delaying the fleet replacement requirement of retiring single hull vessels mandated by OPA. For example, Exxon and Texaco have delayed the replacement of their single hull vessels for new double-hulled ships. However, companies like Chevron and Mobil have ordered two new double hull tankers. Leading by example ...
The Jamaican Free Zones are a government free trade zone initiative in Jamaica.Designed to encourage foreign investment and international trade, businesses operating within these zones have no tax on their profits, and are exempted from customs duties on imports and exports (capital goods, raw materials, construction materials, and office equipment) and import licensing requirements.
Tourism and mining are the leading earners of foreign exchange. Half the Jamaican economy relies on services, with half of its income coming from services such as tourism. An estimated 1.3 million foreign tourists visit Jamaica every year. [1]
Jamaica Deposit Insurance Cooperation; Caymanas Track Limited; The Betting Gaming & Lotteries Commission (BGLC) Tax Administration (TAJ) Statistical Institute of Jamaica (SIOJ) Planning Institute of Jamaica (PIOJ) Jamaica Customs Agency (JCA) Bank of Jamaica (BOJ) Accountant General's Department; Ministry of Foreign Affairs and Foreign Trade [3]
After achieving independence from the United Kingdom in August 1962, Jamaica immediately established its foreign ministry, then known as the Ministry of External Affairs. In 1976, the government changed the ministry's name to the Ministry of Foreign Affairs and eventually added "and Foreign Trade" sometime later to reflect the full scope of its mission.
The foreign corporation will be subject to U.S. income tax on its effectively connected income, and will also be subject to the branch profits tax on any of its profits not reinvested in the U.S. [citation needed] Thus, many countries tax corporations under company tax rules and tax individual shareholders upon corporate distributions. Various ...
Income Taxes-Changes in the Tax Status of an Entity or its Shareholders 1999 July 15, 2000: SIC 26 Draft only - not issued: Property, Plant and Equipment – Results of Incidental Operations [4] N/A N/A N/A IAS 16: SIC 27 Evaluating the Substance of Transactions Involving the Legal Form of a Lease 2000 January 1, 2002: January 1, 2019: IFRS 16 ...
Reform business entity classification rules for foreign entities: Under the proposal, a foreign eligible entity may be treated as a disregarded entity only if the single owner of the foreign eligible entity is created or organized in, or under the law of, the foreign country in, or under the law of, which the foreign eligible entity is created ...