November 13 2018

President vetoes 2019 tax package

Source: IBFD Tax Research Platform News

On 7 November 2018, the parliament voted on the tax package containing amendments to the tax laws, which was then scheduled to be published in the State Gazette.

However, before allowing official publication of the amendments, the President decided to put a veto on the package, due to disagreement on the envisaged increase in real estate local tax and vehicle tax rates.