Tax cut sends Republic profits ‘up a quarter’

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The steep fall in the corporate tax rate has boosted profits for Republic Financial Holdings Ltd (RFHL) by about a fifth, reaching US$0.24 billion for the financial year ending September 30, the Trinidadian banking giant has reported. Republic gained an extra US$38.66 million or 19.5 per cent over the profit of US$0.20 billion for the […]

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