On 12 December 2008, the amending law to the Corporate Income Tax Law was published in Official Gazette No.106/08. It will enter into force on 1 January 2009 and, with some exceptions, implements most of the proposed amendments. Tax holiday A tax holiday for investment, which was not part of the proposal, was introduced by the parliament. It is in the form of corporate income tax exemption for 5 years and applies to profits from agriculture, processing, production, high-tech industry and the building if infrastructure. The following conditions will apply: -   regional state aid or de minimis aid requirements...