US EditionHigh-tech incentives to emerge from CIT law reform
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High-tech incentives to emerge from CIT law reform
According to draft amendments to the Law on Corporate Income Tax (CIT), prepared by the Ministry of Finance and set to be adopted on June 13, special tax incentives are to be offered to many types of enterprises and projects. The draft amendments are set to take effect from 2026 to help improve the quality of enterprises in the economy. Clause 2 of Article 12 states that professions and sectors shall be subject to a 10 per cent rate for CIT with…
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