Residents of the liberated territory will be exempted from profit (income), property, land, and simplified tax for 10 years from January 1, 2023, according to the amendment proposed to the Tax code, discussed at the meeting of the Milli Majlis held today, APA reports.
According to the draft, this exemption will also apply to the non-sale income of a resident of the liberated territory in connection with his activities in that territory.