We use cookies to provide you with the best possible experience. By using Orbitax's services, you agree that we may store cookies on your device. Cookie Policy.
The AI assistant for tax questions
Track worldwide tax law changes daily
Cross-border tax analysis and data
Unify and empower your entity management
Provides compliance steps, forms & rates
Visualize and manage your entity data
Comprehensive compliance management
Audit and global tax controversy tracking
Manage reportable cross-border arrangements
Country-by-country reporting & compliance
Pillar 2 planning, reporting and compliance
Calculate US tax impact of foreign operations
Automated workflows for recurring tax tasks
Secure API connections to 3rd-party systems
Secure storage for your tax documentation
Automated tax workflows with secure APIs.
Collaborate securely on your tax data
Share This Article
|
|
The draft bill of the Law on Entrepreneurship and Internationalization has become available. Details of the bill regarding the proposed tax-related amendments are summarized below. Corporate income tax - Tax credit on reinvestment: companies with a turnover of less than EUR 10 million would be entitled to a credit of 10% of the profits obtained in the tax period if such profits are reinvested in fixed assets or immovable property. The credit would be 5% for companies subject to a reduced corporate income tax rate provided the workforce is maintained by the company. - R&D and technological innovation...