Income tax relief for SME’s

26. August 2020 | Reading Time: 1 Min

Starting from 01.01.2021,  Income Tax for businesses with an  annual turnover of ALL 14 million will be reduced to 0% in an attempt to promote SME’s.

Previous to this amendment, Income tax for businesses with an  annual turnover between ALL 5 million and ALL 14 million was 5%.

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