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Can I read Tax Guidelines for Special Corporations on EtoBox?
Tax Guidelines for Special Corporations by Mark Lawrence Yusi is a document available to read on EtoBox.
What is Tax Guidelines for Special Corporations about?
1. Special domestic corporations include proprietary educational institutions and non-profit hospitals that pay a 10% tax rate on taxable income. This rate is temporarily lowered to 1% until 2023 due to the pandemic. 2. Foreign currency deposit units and expanded FCDUs are subject to different tax rates depending on the entity - interest income from foreign deposits and loans are exempt from tax. Income from non-foreign transactions is taxed at the regular corporate rate. 3. Regular banking units are tax
- Author
- Mark Lawrence Yusi
- Language
- EN