On 15 May 2009, the parliament promulgated amendments to tax laws. Unless otherwise indicated below, the amendments generally apply from 1 July 2009. The most important changes are summarized below. According to the government's plans, another package of amendments will follow later in 2009, bringing more significant and further-reaching changes to the tax system. Corporate income tax (a) Extraordinary depreciation. The amendments introduce changes to the tax treatment of extraordinary depreciation. Currently, extraordinary depreciation on assets is deductible for corporate income tax purposes only in exceptional cases. Moreover, where the extraordinary depreciation is deductible it can only be taken into...