Publication
Arbitration trends in the Middle East: What to expect in 2024 and beyond
The last several years have seen rapid growth in the Middle East.
Global | Publication | November 2018
On October 31, the government announced the financing law with which it expects to raise about 14 billion pesos. Among the proposed changes is a new wealth tax with the following characteristics:
The Government proposes the application of the following differential rate:
Taxable base range in $ | Rate | |
Lower limit | Upper limit | |
>=3.000.000.000 | <5.000.000.000 | 0,5% |
>=5.000.000.000 | Onward | 1% |
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