Foreign and domestic companies now under the same tax code

The Unified Corporate Income Tax (CIT) was passed in March 2007, ending nearly three decades of tax breaks for foreign investors and bringing both foreign…

3 minute read February 28, 2007 at 11:58 PM
By
clpstaff and clp articles

The Unified Corporate Income Tax (CIT) was passed in March 2007, ending nearly three decades of tax breaks for foreign investors and bringing both foreign and domestic companies under the same tax code.

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