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Tax incentives in the 2011 Budget

September 2011 - Tax & Private Client. Legal Developments by Miranda Correia Amendoeira & Associados.

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As in past years, the 2011 Budget of the Macao Special Administrative Region (OR/2011) provided for various Tax exemptions, including for industrial tax and stamp duty, and deductions for professional tax (on work related income), urban property tax and complimentary income (on industrial and commercial income).

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