Press Release

Ministry of Finance
International Tax Authority
Release Date:
Tuesday, 26 July 2022 - 3:31pm

The International Tax Authority (ITA) is pleased to announce the amendments entitled:

  1. The Mutual Legal Assistance (Tax Matters) (Amendment) Act, 2022; and
  2. The International Tax Authority (Amendment) Act, 2022.

All persons subject to the provisions of these amendments are asked to take action and ensure that they are in compliance with the amendments.

Persons will note specifically the requirements in the International Tax Authority (Amendment) Act, 2022, section 4I which now requires a legal entity to establish and maintain adequate systems and controls for ensuring compliance with the requirements and obligations under the Act.

As currently drafted, this includes the entity establishing and maintaining a compliance procedures manual. All legal entities are expected to have their manuals established and implemented by the end of 2023.

To assist with this implementation process, the ITA intends to publish advance guidance on the requirements and mechanisms that would suffice to demonstrate and evidence compliance with the elements of section 4I.

For further information, visit our website at, email us at or contact us at 284-394-4415.