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Curacao Maintaining 4.5% Turnover Tax Credit

Many have approached the government in recent days to ask whether the Turnover Tax deduction has indeed been abolished , as companies are raising their prices , claiming it is because the government has abolished the tax deduction. So for the sake of clarity, the deduction right of 4.5% OB will be maintained until the moment the ABB legislation is introduced on January 1, 2021.

Source: gobiernu.cw

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