On 25 July 2008, the Law amending the Corporate Income Tax Law was published in Official Gazette no. 76/2008. The Law came into force on 26 July 2008. The amendment is retroactively effective from 1 January 2008.
The Law introduces an investment allowance, under which a company can deduct 20% of actual costs of investing in equipment or intangible assets. The relief is capped at EUR 20,000, …