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A 5% military levy is added to the 18% tax on interest

Deposit interest and most passive income are taxed at 18%, plus the 5% military levy in force since December 1, 2024. Income from Finance Ministry government bonds is not subject to income tax. Corporate bonds: 18% plus 5%.

What this changes in the calculation

The full burden on deposits and corporate bonds is 23%; government bonds 0% income tax.

Source
PwC Worldwide Tax Summaries
Status
verified
Published

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