Chapter 3 - Tax Imposition and Entitlement
Article 12 - Tax Calculation
The tax on the taxpayer is calculated by multiplying the tax rate by the taxable income.
The tax will be zero in either of the following two cases:
If the income excluded based on the significance of the activity equals or exceeds the total net income of the taxable entities within a group.
If the effective tax rate is equal to or exceeds (15%).
No tax exemptions apply to this tax.
The executive regulations specify the controls and conditions related to the application of the provisions of this Article.