5 April 2012 On 5 March 2012, Decree 10/2012 was published in the Official Gazette. The Decree introduced major amendments to the tax system. Main amendments to the income tax, which unless otherwise indicated are generally effective as from 1 January 2013, are as follows. Income tax rates Taxable income is subject to tax at the following rates: (1) income derived from business activities: -   general tax regime, the current rate of 31% on net income is reduced to 28% for 2014 and to 25% for 2015 and subsequent years; -   optional tax regime (currently, 5%): Amount (GTQ)...