Rate of income tax on qualified export profits and income of person not being a company, who commenced to carry on any specified undertaking
50. Where any person not being a company commences on or after November 10, 1993, to carry on any specified undertaking and the taxable income of that person for any year of assessment commencing prior to April 1, 2014 includes any qualified export profits and income, such income shall be chargeable with tax at the appropriate rate specified in the Fifth Schedule to this Act. |