On 6 March 2012, the government proposed amendments to the Corporate Income Tax Law. The key elements of the proposed amendments are listed below. Tax rate The government proposed to lower the corporate tax rate to 18% in 2012 (currently 20%) and to further decrease the rate in 2013 to 17% and in 2014 to 16%. Tax incentives The government further proposed to: -   increase the investment allowance for investments in equipment and intangible assets to 40% (currently 30%) with a maximum allowance of EUR 60,000 per year (currently EUR 30,000); -   increase the overall tax relief for...