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5.1. Tax Base for Resident Entities

Under the domestic tax laws, resident companies are subject to profit tax/ (corporate tax) on their worldwide income.

The tax base includes income derived from all sources unless otherwise exempt or relieved, less allowable deductions.

Capital gains are included in taxable income and taxed at the regular rate.

Dividends distributed to residents and non-residents are subject to withholding tax and are not included in the taxable profits.