Tax incentives for companies in the cement and wood industries
01 Jan 2012
The Finance Law for 2012, inter alia, exempts companies operating in the cement industry from corporate income tax and VAT and reduces the withholding tax rate. Also, it exempts companies operating in the wood industry from corporate income tax, withholding tax and interest payments.
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Type:
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Promotion and facilitation (Investment incentives)
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Industry:
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Manufacturing (Manufacture of wood and paper products, Other manufacturing)
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Sources:
