Orbitax
The Budget for 2012-13 was presented to the National Assembly by the Minister of Finance on 8 June 2012. Details of the Budget regarding direct taxation, which will generally apply from 1 July 2012, are summarized below.
Corporate taxation
The proposed changes include:
| – | the tax rate on cell phone operators is increased from 30% to 33%; | |
| – | the … |
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