BELTRAIDE ANNOUNCES ADDITIONS TO THE LEGISLATION FOR THE EPZ ACT. THIS IS WHERE AN INVESTOR BUILDING A BUSINESS FOR EXPORTING PRODUCTS, CAN QUALIFY FOR TAX BREAKS, ETC. THESE ADDITIONS ARE TO ENCOURAGE BOTH LOCAL AND FOREIGN INVESTORS IN EXPORT MARKETING, PARTICULARLY IN AGRO-PROCESSING, MANUFACTURING, ASSEMBLING, ETC.
TAXES WHEN QUALIFIED ARE: A 10% ONLY TAX ON FUEL THAT IS IMPORTED, TO TURN AROUND MATERIALS, INTO MANUFACTURED EXPORTS . AND 1.5% ON GENERAL MERCHANDISE.
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