The National Reconstruction and Economic and Social Development Bill introduces a range of measures aimed at promoting investment and economic growth, together with significant tax reforms. These include a gradual reduction of the First Category Income Tax rate and the reintegration of the tax system, investment incentives, tax benefits related to housing and donations, a new tax credit for knowledge-based services, and tax regularization mechanisms, among other provisions.

In this context, our Tax team has prepared the following report, providing an overview of the key measures included in the bill and their potential implications.

Read the full report here.