The Finance Law for 2013 was enacted by the parliament on 29 December 2012. Details of the Law on direct taxation, which unless otherwise indicated apply from 1 January 2013, are summarized below.
| - | The corporate tax rate is reduced from 30% to 29%. | |
| - | The withholding tax rate on income from movable capital derived by resident and non-resident persons is reduced from 15% to 13%. | |
| - | The branch profit tax rate is reduced … |