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These intermediaries incorporate financial institutions during which the EBRD has an equity stake or with which it's signed a financial loan, and investment decision or undertaking cash cash in which the EBRD has manufactured an financial commitment.
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Most tax fairness traders have already been uninterested in the prevailing fifty% depreciation reward. They prefer to spread their scarce tax capability around much more projects.
The bill would require these prepayments to be claimed quickly as income or, at very best, partly during the year the prepayment is been given plus the equilibrium in the year following.
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