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1.8K views | There has been an update on how the Minimum Corporate Income Tax (MCIT) for the Taxable Year 2023 will be calculated. With effect from July 1, 2023, the MCIT rate will return to its previous rate of 2% based on the corporation's gross income. #PAGrantThornton #GrowWithUs #GreatPlaceToGrow | P&A Grant Thornton | Facebook
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