In May 2015 the new transfer pricing provisions of the Income Tax Act were tabled in the Lower House of Parliament. Some seven months later, those provisions are now part of the tax laws of Jamaica, and they have an effective date of January 1, 2015.
In this second instalment in that series, we will focus on the implementation of the new tax measures and address some of the lingering questions about the impact that the January 1, 2015 implementation date will have on affected taxpayers.
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