Slovenia’s Ministry of Finance announced the Draft Bill on Amendments to the Corporate Income Tax Act on 6 June, 2024.
The bill simplifies the interest deduction limitation rules by eliminating the existing thin capitalisation rule while retaining the new 30% of EBITDA rule and increasing the safe harbour threshold from EUR 1 million to EUR 3 million.
It introduces a five-year limit on the carryforward of tax losses, with a transitional seven-year limit for accrued losses.
The bill also amends the tax relief for investments in digital and green transitions to permit unused relief to be carried forward for up to five years; and abolishes the standardised expenditure system for determining the tax base of legal entities.
A public consultation is expected before 3 July, 2024. The tax measures are expected to go into effect from 1 January, 2025, after approval.
