Finance Law 2013 – direct taxation
The Finance Law for 2013 was enacted by the parliament on 29 December 2012. Details of the Law on direct taxation, which unless otherwise indicated apply from 1 January 2013, are summarized below.
- | The corporate tax rate is reduced from 30% to 29%. | |
- | The withholding tax rate on income from movable capital derived by resident and non-resident p… |