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TAX CONCESSION OVERHAUL

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Cabinet has announced a complete overhaul of tax concessions. Effective November 30, 2025, all existing concessions will cease; owners of active projects and businesses will be required to re-apply starting December 1, 2025.  Director General of Communications in the Office of the Prime Minister, Maurice Merchant, confirms Cabinet will reserve the right to meet and endorse any new concessions thereafter. 

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