Under Decree 82, businesses and household businesses are eligible for a deferral on value-added tax (VAT), corporate income tax (CIT), personal income tax (PIT) and land rent.
Instead of the current personal income tax exemption on interest from all individual bank savings accounts, the proposal would exempt tax only for low amounts of savings.
The project aims to develop livelihoods for forest-dependent locals, reducing the on forests resources via wildlife hunting and non-timber forest product exploitation.
