We would like to inform the amendments for the Law for Encouragement of Capital Investment were legislated and are effective since January 1st, 2011.
with this regard, we would like to point out that the company income tax (CIT) rates for “A Preferred Company” are different than the rates published in the initial proposal for the reform (see tax alert No. 9), as follows:
The rest ofthe country |
Developmentzone A |
Tax years |
15% |
10% |
2011-2012 |
12.5% |
7% |
2013-2014 |
12% |
6% |
2015
|
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