New retail tax act & the amendment of the CIT act

On 28 April, the Government submitted two significant bills to Parliament. One of the proposed acts includes the final rules applicable to the retail tax introduced earlier as a temporary tax, while the other bill concerns the amendment of the Corporate Income Tax (CIT) Act related to the development reserve.

Mazars would like to inform you about these two proposed acts in its latest newsletter.

To download the whole newsletter:

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Tax Newsletter 2020/18.

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