In Palestine, businesses face a corporate income tax rate of 15%, with different rates for sectors like banking. The tax system includes VAT at 16%, and withholding taxes for payments to non-residents. Additional taxes include social security contributions and municipal taxes. Tax incentives are available to stimulate economic growth. Companies must comply with detailed filing requirements to avoid penalties, and seeking professional advice is recommended for navigating these complexities.

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The source of the article is from the blog lanoticiadigital.com.ar