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The International Business Center of Madeira (IBCM) or Madeira International Business Centre (MIBC), formally known as the Madeira Free Trade Zone, is a set of tax benefits authorised by Decree-Law 500/80 in 1980, legislated [1] [2] in 1986, and amended throughout the years by the Portuguese government to favor the Autonomous Region of Madeira.
The University of Madeira (UMa; Portuguese: Universidade da Madeira, pronounced [univɨɾsiˈðaðɨ ðɐ mɐˈðɐjɾɐ]) is a Portuguese public university, created in 1988 in Funchal, Madeira. The university offers first, second cycle and Doctorate academic degrees in a wide range of fields, in accordance with the Bologna process.
Goods and Services Tax (GST) is a national sales tax introduced in 1991 at a rate of 7%, later reduced to 5%. A Harmonized Sales Tax (HST) that combines the GST and provincial sales tax, is collected in New Brunswick (15%), Newfoundland (15%), Nova Scotia (15%), Ontario (13%) and Prince Edward Island (15%), while British Columbia had a 12% HST ...
Madeira (/ m ə ˈ d ɪər ə / mə-DEER-ə or / m ə ˈ d ɛər ə / mə-DAIR-ə; [4] [5] [6] European Portuguese: [mɐˈðɐjɾɐ] ⓘ), officially the Autonomous Region of Madeira (Portuguese: Região Autónoma da Madeira), is an autonomous region of Portugal.
In 1995 they were fully integrated into the polytechnic subsystem (Administrative Rule 205/95 of 5 August 1995 – Decreto Lei n.º 205/95, de 5 de Agosto), and in 1999 the new courses in nursing were approved, conferring a licenciatura diploma (Administrative Rule 353/99 of 8 September 1999 – Decreto Lei n.º 353/99, de 8 de Setembro).
The GST, which is administered by Canada Revenue Agency (CRA), replaced a previous hidden 13.5% manufacturers' sales tax (MST). Introduced at an original rate of 7%, the GST rate has been lowered twice and currently sits at rate of 5%, since January 1, 2008. The GST raised 11.7% of total federal government revenue in 2017–2018. [2]
Groundwater on Madeira is held in fractured volcanic rock aquifers, with widely varying transmissivity and dissolved mineral content. Water is generally slightly acidic to slightly alkaline and cold, although there are small quantities of thermal water near fault zones. Much of the water on the island comes from high-discharge springs. [5]
RTP Madeira is a Portuguese free-to-air regional television channel owned and operated by state-owned public broadcaster Rádio e Televisão de Portugal (RTP) in the Autonomous Region of Madeira. It began broadcasting on 6 August 1972.