The Organic Code of Production, Trade and Investment (Código Orgánico de la Producción, Comercio e Inversiones, the Code) published in the Official Gazette of 29 December 2010, and generally effective as from 1 January 2011:
The main changes are summarized below.
Corporate taxation
| - | With effect from 1 January 2011, the general corporate income tax rate is 24% (previously, 25%). The rate will be 2… |