- Introduction of a VAT exemption and uniform tax rates on success fees for both domestic and foreign investment funds.
- Establishment of a fixed formula for calculating VAT on management fees.
- Capital gains exemption for qualifying entities on high-tech investments (related to VAT treatment).
- The reform aims to align VAT and other tax measures with international standards to enhance competitiveness.
Source: globalvatcompliance.com
Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.
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