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Taxes and competitiveness: are they “joined vessels”?

Prepared by AmCham member: Lugera & Makler

“In this world nothing can be said to be certain, except death and taxes.” (Benjamin Franklin, 1789) A rather sardonic proverb, yet still very true. Since then nothing much has changed. It basically means that we cannot divert the inevitability of paying taxes, nor may we take their amount for granted, as we may might have observed in the latest changes of to our tax legislation.