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BERMUDA

TAXES MANAGEMENT (TRANSPORT INFRASTRUCTURE TAX PRESCRIBED FORMS) REGULATIONS 2019

BR 47 / 2019

In exercise of the powers conferred on the Minister of Finance by section 50 of the Taxes Management Act 1976, the following regulations are hereby made:—

Citation

1 These Regulations may be cited as the Taxes Management (Transport Infrastructure Tax Prescribed Forms) Regulations 2019. [Regulation 1 amended by 2020 : 12 s. 5 effective 1 May 2020]

Prescription of forms for passenger departure tax

2 The following forms set out in the Schedule are prescribed for the purposes of transport infrastructure tax—

(a) Form TIT1, being the form of application for registration under section 6 of the Taxes Management Act 1976 in respect of transport infrastructure tax;

(b) Form TIT2, being the form of return to be furnished for the purposes of section 7 of that Act in respect of transport infrastructure tax. [Regulation 2 amended by 2020 : 12 s. 5 effective 1 May 2020]

TAXES MANAGEMENT (TRANSPORT INFRASTRUCTURE TAX PRESCRIBED FORMS) REGULATIONS 2019

SCHEDULE

Form TIT1 GOVERNMENT OF BERMUDA

TAXES MANAGEMENT ACT 1976 - SECTION 6

TRANSPORT INFRASTRUCTURE TAX

APPLICATION TO REGISTER FOR TAX

1. ACCOUNT NUMBER|

BUSINESS ADDRESS:-----------------------------------------------------

TELEPHONE/FAX NUMBER:----------------------------------------------

2. MAILING ADDRESS:-------------------------------------------------------

BUSINESS ADDRESS:-----------------------------------------------------

TELEPHONE/FAX NUMBER:----------------------------------------------

3. MAILING ADDRESS:-------------------------------------------------------

BUSINESS ADDRESS:-----------------------------------------------------

TELEPHONE/FAX NUMBER:----------------------------------------------

4. MAILING ADDRESS:-------------------------------------------------------

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TAXES MANAGEMENT (TRANSPORT INFRASTRUCTURE TAX PRESCRIBED FORMS) REGULATIONS 2019

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I HEREBY DECLARE THE FOREGOING TO BE TRUE TO THE BEST OF MY KNOWLEDGE.

SIGNED.............................................. DATE................................... OWNER/OPERATOR/AGENT

Form TIT2 GOVERNMENT OF BERMUDA

TAXES MANAGEMENT ACT 1976 - SECTION 7

TRANSPORT INFRASTRUCTURE TAX

1. ACCOUNT NUMBER|

2. NAME OF PASSENGER SHIP:--------------------------------------------

3. NAME OF OWNER, OPERATOR OR AGENT:---------------------------

4. BUSINESS ADDRESS:-----------------------------------------------------

5. TELEPHONE/FAX NUMBER:----------------------------------------------

6. TAX CALCULATION:

NUMBER OF PASSENGERS NUMBER OF NUMBER OF PASSENGERS TOTAL NUMBER ARRIVING DISEMBARKING IN EXEMPTED CRUISE EMBARKING IN OF PASSENGERS PASSENGERS (A) BERMUDA PERSONS PASSENGERS BERMUDA (E) SUBJECT TO TAX

(B) (C) D = (A-B-C) F = (D +E)

*TAX RATE (G)

7. TOTAL TRANSPORT INFRASTRUCTURE TAX PAYABLE = (F X G)

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Signed................................................. Date..................................

TAXES MANAGEMENT (TRANSPORT INFRASTRUCTURE TAX PRESCRIBED FORMS) REGULATIONS 2019

Owner, operator, agent

*Tax Rate per passenger:

$25 - April 1 to Oct 31 (inclusive) FOR OFFICIAL USE Nil - Nov 1 to Mar 31 (inclusive) ONLY Note: This return should be submitted to the Tax Commissioner with payment within seven days of departure of a ship. Penalties are charged at 5% of the unpaid tax for each week or part of a week that the tax remains unpaid, to a maximum of 30%. [Schedule amended by 2020 : 12 s. 5 effective 1 May 2020]

Made this 2nd day of April 2019

Temporary Minister of Finance

[Operative Date: 02 April 2019]

[Amended by:

2020 : 12]