Exempt Income

• Domestic Dividends & Profit Distribution from Resident Persons
• Income of a foreign Establishment (Subject to Double Taxation Agreement).
• Income of Non Resident from operating aircraft/ships in international transportation
• Foreign Dividends & Profit Distribution from Participation Interests from Foreign Juridical Person.
• Income from a Participating Interest (Capital Gains, Foreign exchange Gains/ losses & Impairment Gains or Losses).