The Tax Plan 2023 introduces an increase in BBO of 1% leading to an accumulated tax rate for BBO/BAVP/BAZV purposes of 7% as per January 1, 2023. Please note that the introduction of BBO/BAVP/BAZV upon import of goods (TIN – Introduction of BBO on import ) has not been incorporated in this draft legislation yet.
Source: hbnlawtax.com
