Friday, 1 April 2011

New Public Rulings issued on 10 March 2011

Public Ruling 03/2011 --- Investment Holding Company

Public Ruling 04/2011 --- Income from Letting of Real Property

The Inland Revenue Board (IRB) has issued the above Public Rulings on 10 March 2011. Public Ruling 03/2011 is effective from the year of assessment 2006 whilst Public Ruling 04/2011 is effective from the year of assessment 2011. Members are encouraged to review the Public Rulings and forward comments, if any, to the Institute as soon as possible for submission to the IRB. Members may view the Public Rulings at the Institute’s website at:

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