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New law to increase fee charged to foreign yacht owners, cruise ships in Palauan waters

President Remengesau signed a bill that will increase a fee charged to foreign yacht owners and cruise ships entering Palauan waters. “This new law will align Palau’s tax structure with the normative market rate and ensure that we receive our fair share from those profiting off Palau’s natural beauty” Remengesau said in his address to […]