Replies to post #54949 on Gifa Inc (GIFX)

[ForReal]

Those operating from a "Free Zone" pay no taxes, eh?

In a word YES!!

Companies which operate in the Free Zone and the Companies whose activities are wholly outside the TRNC, are incorporated under Free Zone Law

free zone companies are not subject to corporation tax and value added tax (VAT).

How much more explicit does the wording need to be?

So, Kisa brags that he operates from a "Free Zone" in Lefkosa. But yet, many have seen the corporate tax bill? I call BullShit!!

http://kibristasirketkurma.com/home.html