Provides a professional English Translation of Law No. 91 of 2005 which includes the primary structural rules for accounting bases.
Taxable profit is based on gross profit minus all "necessary" costs and expenses. Provides a professional English Translation of Law No
The primary source for all Income Tax Laws and updated forms. Provides a professional English Translation of Law No
Offers a digitized version of Income Tax Law No. 91 , specifically focusing on sections related to determining the tax base. Key Accounting Bases in Law 91 of 2005 Provides a professional English Translation of Law No
The law originally restructured tax rates into tiers, often capped at 20% for many corporate and individual entities at the time of its inception.