The National Assembly of Belize is considering the Fiscal Incentives (Amendment) Bill 2024, including a new section (part) to standardize incentives for major investments of at least USD 250 million in projects implemented by a "high investment company". The incentives that may be granted to a qualifying high investment company include exemptions from:
- Import duty (during the establishment and construction phase of the approved activity);
- Revenue replacement duty;
- Excise duty;
- The payment o…