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Tax Espresso - 2013

A snappy highlight

The Tax Espresso is our monthly newsletter covering the latest tax updates.

In our March 2013 issue, we cover the exemption from payment of income tax that is available to a non-resident person who receives installation fees, technical fees, rental of movable assets, interest, royalty, contract payments and other gains or profits from a qualifying person participating in a qualifying activity in the Refinery and Petrochemical Integrated Development (RAPID) Complex; and the exemption from payment of income tax in respect of  statutory income, special deduction for pre-commencement expenses  and the exemption of ad valorem stamp duty for a qualifying person in relation to its qualifying activity in the RAPID Complex.

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