The Ministry of Finance proposed amendments to the Corporate Income Tax Law on 10 November 2015. Once adopted by the Slovenian parliament the amendments will apply from 1 January 2016.
The following amendments are proposed:
- Decrease of tax allowances for research and development from 100% to 50% of the amount invested;
- Decrease of investment tax allowance from 40% to 20% of actual costs of investing in equipment;
- The tax allowance for hiring new employees is abolished;
- The tax allowance for donations to political parties is abolished;
- Capital gains from the disposal of own shares are no longer exempt; and
- Depreciation of goodwill is not allowable for tax purposes.
