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Harmonized Tax Law Amends Provisions on Income Taxes

Law No. 7 of 2021 dated October 29, 2021 on the Harmonization of Taxation Regulations (“Law 7/2021”) amends several existing regulations on the taxation law and introduces several new regulations. Law 7/2021 amends, among others, Law No. 7 of 1983 dated December 31, 1983 on Income Taxes as amended several times, lastly b