On 14 November 2013, the government proposed amendments to the Corporate Income Tax Law (Zakon o porezu na dobit). The main features are summarized below. Receivables write-off and deductibility of expenses Write-off of the loans granted to entrepreneurs will be recognized as a tax deductible expense by the financial institutions granting the loans, irrespective of valid evidence of failed collection of the loan through a court, under the condition that the loan compromises the continuation of the entrepreneur's business activity. Business entertainment expenses Expenses incurred for promotional gifts which are labelled "not for sale" and other promotional objects bearing the...