On 17 April 2012, the parliament approved amendments to the Corporate Income Tax Law. However, in respect of the increase of the maximum allowance for investments in equipment and intangible assets, contrary to the original proposal providing for an increased threshold of EUR 60,000, the previously applicable threshold has been abolished. The amendments, which entered into force on 26 April 2012 after their publication in the official gazette on 25 April 2012, apply with effect from 1 January 2012.