On 28 October 2013, the Minister of Finance presented the draft Finance Law 2014 (the draft) to the parliament. The draft includes some of the measures that have been proposed under the draft supplementary Finance Law 2013 which has been abandoned. The key tax proposals, which will generally apply as of 1 January 2014, are summarized as follows:
| - | The corporate tax rate applicable on travel agencies and hotels will be reduced from 25… |