Mali: Tax on salaries will be reduced

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Photo: Beta

Minister of Finance, Sinisa Mali, announced today that the tax on salaries would be reduced as of next year.

Mali said that the overall proposal would be completed this year so that this measure could be implemented from January next year.

He also announced that there would be a shorter deadline for VAT refund to businessmen.

“Now the legal deadline for VAT refund is 45 days, but there is no need to wait so long if the documentation is in order,” Mali said.

Source: Beta

Photo: Beta