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Changing the IVA and IRS retention rates
Law 12-A / 2010 of 30/6
Was approved by the National Assembly Law No. 12-A / 2010 of 30/6, there are times published in Journal Supplement of the Republic No. 125 – I Serie, to amend the following IVA rates: Continent: – Low rate 5% to 6%; Mid rate ?? 12% to 13%; Normal rate ?? 20% to 21%. Autonomous regions: – Rate Mid 8% to 9%; Normal rate ?? 14% to 15%. The same law also shall amend the IRS withholding at source for the following categories: Category B, in accordance with paragraph 1 and 2 of Article No. 3 ?? 10% to 11.5%; Category B, in accordance with Article No. 151 20% to 21.5%; Categories E and F ?? 15% to 16.5%. Changes in rates should be made from the 1st of July 2010.