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Official Gazette

Friday, January 27, 2023

Proposals to remove the limit on advertisement costs

Updated: 09:33’ - 04/01/2006

The Ministry of Finance has recently made a commitment to soon propose the Government to remove the limit of 10% of costs on advertisement, sale promotion, guest reception and gifts applicable to enterprises.

The proposal, which is included in the Bill Amending a Numbers of Articles of the Enterprise Income Tax Law, will be submitted to the National Assembly at its mid-2006 session for passage.-


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