On 23 May 2013, the Council of Ministers announced the approval of a legislative package proposal containing tax incentives for private investment. The package includes an extraordinary tax credit, as well as the enhancement of the current tax benefits to private investments included in the Investment Support Tax Regime (RFAI) and in the Tax Benefits Statute (EBF). Moreover, in order to provide more safety and stability to investors, the government also decided to reduce the time frame for the tax administration to provide for the tax rulings and to create a tax department to support the international investor. Further details...