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Madere

Offshore finance

Economy, tax incentives & labor conditions

The investments in Madeira profit from the following incentives: exemption of corporation tax until December 31, 2011; exemption of deductions at the source on the dividends, the interests and the royalties; - exemption of the tax possibly due at a rate of the appreciations resulting from the transfer of permanent assets; - exemption of rates; exemption of the transfer taxes possibly due at the time of the acquisition of immovable property necessary to the activity.
(The Times , Royaume-Uni , 14/01/2002 )