Tax 2009



The scale of the income tax applicable in 2009, on revenues in 2008, was unveiled as part of the finance bill. It is updated in the rate of inflation expected for 2008 (price index excluding tobacco), or 2.9%.

- Units of the tax remains at number five.
- Tax rates are unchanged: 5.5%, 14%, 30%, 40%.
- The brackets apply to tax payable in 2009 are those listed in the 3rd column, entitled "Proposed income brackets."

They will be validated by the parliament along with other measures of the budget bill for 2009. ( Source: All Forex News of Today )

January 3, 2009

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