Bhutan's Department of Revenue and Customs has published a copy of the Fiscal Incentives Act of Bhutan 2021, which entered into force on 29 November 2021, replacing the Fiscal Incentives Act of Bhutan 2017 and superseding all related notifications, circulars, rules, etc. However, where a business was granted a tax holiday under the Fiscal Incentives Act of Bhutan 2017, they shall continue to benefit for the remaining period of the tax holiday granted, subject to conditions imposed under that…