2010 Tax reform – entered into force: income tax – companies

Law 8/2010 of 12 March 2010, published in the Official Gazette on 15 March 2010, introduced amendments to the Fiscal Code modifying various taxes and creating a new Tax Court of Appeals. Generally, the amendments will have effect from 1 July 2010; except for Arts. 9 and 10 of the Law regarding corporate and individual income tax rates, which have a retroactive effect as of 1 January 2010 and other specific amendments as explained below. The main amendments introduced regarding in…