Micronesian Air Connection Services secures tax break
The Northern Mariana Islands' Commonwealth Economic Development Authority (CEDA) has granted MACS - Micronesian Air Connection Services a qualifying certificate, giving the start-up a 100% tax break on gross revenue, corporate income, and individual income taxes. The newspaper Marianas Variety reported that CEDA's board of directors unanimously approved the tax waiver during a December 19 [...]