The applicable tax amount on the income of the taxable incorporated body shall be determined at the rate of fifteen percent (15%) of the incorporated taxable body net income.
Beta Version
Website Last updated:
May 15, 2026
This Decision establishes Executive Bylaws, covering Articles 1 to 48. The provided text, specifically from Chapter 3, Article 9, focuses on determining the applicable tax amount. It stipulates that the tax rate for a taxable incorporated body is set at fifteen percent (15%) of its net income. The primary purpose outlined in this section is to define the specific tax liability for such entities. The broader scope or purpose of the other articles within the Executive Bylaws is not specified in the provided text, which solely addresses the corporate income tax rate.
Chapter 3 : The Tax Amount
Article 9
Continue Reading
Access Full Content
You're viewing a preview of this document. Please log in to unlock the complete content, annotations, and research tools.