Tax Update: Corporate Income Tax Reliefs – SEZs, Machinery, and Hotels

Measures providing corporate income tax reliefs to spur investment in the Special Economic Zones, new machinery, and the hotel industry were promulgated in the Government Gazette on June 22, 2020.  Issue No. 693: Income tax reductions for companies or juristic partnerships that have business establishments located in a Special Economic Zone Corporate income tax reductions … Continue reading Tax Update: Corporate Income Tax Reliefs – SEZs, Machinery, and Hotels