On 15 October 2016, in a press briefing details of several tax measures were presented regarding an agreement reached by the government. The most important measures include:
- an increase of the standard rate of withholding tax on dividends, interest and royalties from 27% to 30%;
- the maximum stock exchange tax will be doubled and be expanded to investments on foreign stock exchanges; and
- the implementation of the tax shift will continue as agreed in 2015.
Additionally, various incentives for startups will be introduced for 2017 such as expansion and diversification of crowd funding. Lastly, the government parties agreed that further analysis will take place with respect to the planned corporate income tax reform and the possible introduction of a capital gains tax.
