Orbitax
The Budget for 2009 was presented to Parliament by the Minister of Finance, on 22 January 2009. Details of the Budget, which will apply from the dates indicated, are
summarized below:
Direct taxes
(a) Corporate tax
| - | The corporate income tax rate is reduced to 17% with effect from the year of assessment (YA) 2010. | |
| - | The tax deduction on don… |
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