New Provisions on Pioneer Industry Criteria for Tax Holiday Entitlement and Excise Tariffs for Tobacco Products

DDTC Newsletter Vol.04 | No.12

30 December 2020

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This edition of the newsletter outlines the new regulation on the details of business sectors and production types of pioneer industries entitled to corporate income tax reduction facilities. The regulation also stipulates the procedures for the fulfillment of the requirements as well as the decision-making process.

On another note, this edition reviews the latest tobacco product excise tariffs and the structure and stipulation of the minimum retail price for tobacco products as well as other recent regulations.

Contents

• Regulation on Details of Business Sectors and Types of Production of Pioneer Industries Entitled to Tax Holiday
• Provisions on the Stipulation of Tariffs on Types of Non-Tax State Revenues
• New Regulation on Details of Cigarette Excise Tariffs
• DGCE Releases a Regulation on the Adhesion of Excise Bands
• Administrative Penalties and Compensation Interest Rates for the January 2021 Period

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