GROSS CONCEPT

EX. 12% VAT

NET CONCEPT
FOR PUBLIC PURPOSES LIKE BUILDING A ROAD
I I
I I
I I
I I
I I
I I
F

T
F

T
F

T
F
F
T
T
T
F TAXABLE
F RESIDENT CITIZENDS AND
T CONSIDERED TAXABLE
RULE
T

T
T
RULE
F NO LIMIT
F
F
F
T
 CONSIDERED RESIDENT CITIZEN IN TAXATION

F
F

T
F
SOME ARE PART OF MANAGEMENT
F
T
F STILL MWE, BUT TAXABLE ON BUSINESS INCOME
T
F HIGHER
F

T
F

T
NON RESIDENT CITIZEN WITH INCOME ABROAD
F
100% EXEMPT
F REGULAR COMPENSATION
F
TAXABLE TO FINAL TAX
T