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PART I. — GENERAL DESCRIPTION OF DIRECT-TAX SYSTEM1
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PART II. — TAXATION OF FOREIGN AND NATIONAL ENTERPRISES
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PART III. — METHODS OF ALLOCATING TAXABLE INCOME
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A. FOREIGN ENTERPRISES WITH LOCAL BRANCHES OR SUBSIDIARIES
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I. GENERAL QUESTIONS AND METHODS OF APPORTIONMENT
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II. APPLICATION OF THE METHODS OF ALLOCATION IN SPECIFIC CASES
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(a) INDUSTRIAL AND COMMERCIAL ENTERPRISES
   
(b) OTHER KINDS OF ENTERPRISE
   
B. NATIONAL ENTERPRISES WITH BRANCHES OR SUBSIDIARIES ABROAD
   
C. HOLDING COMPANIES
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Annex


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II. TAX ON INCOME FROM CAPITAL

Tax on income from capital proper : 5 per cent of the income.

Tax on interest debited on current accounts and overdrafts by public bodies and banking institutions : 0.396 per cent of the interest.

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