Fiscal Enactments (Amendment) Act 2026 — Act No. 3 of 2026: Fiscal Measures for Agriculture and Agro-Processing

Guyana's Fiscal Enactments (Amendment) Act 2026, Act No. 3 of 2026, implements a package of fiscal measures announced in the 2026 National Budget through amendments to the Income Tax Act, Corporation Tax Act, Value-Added Tax Act, Property Tax Act and Customs Act. For the agri-food sector, one of the principal provisions removes corporation tax from agriculture and agro-processing businesses. The measure is intended to promote productive activity and economic diversification, increase retained earnings and enable greater investment to expand production and productivity. Amendments relating to the Income Tax Act and Corporation Tax Act apply with respect to the year of income commencing January 1, 2026. The Act also contains other general and sector-specific fiscal measures, including changes to income taxation, property taxation, VAT, customs provisions and an expansion of products eligible for the Export Allowance. The Bill was approved by the National Assembly in February 2026, received presidential assent on February 17, 2026 and was published as Act No. 3 of 2026 in Guyana's Extraordinary Official Gazette.