Amendment to Investment Incentives Act awaiting president's signature

Following the approval by the Lower Chamber of the parliament, on 6 June 2007,  the Senate decided not to discuss the amendment to the Investment Incentives Act and Income Tax Act, which seeks to ensure the compliance of the Czech regulations on investment incentives with the Guidelines for National Regional Aid 2007-2013 (2006/C 54/08) and Commission Regulation (EC) No. 1628/2006. Thus, to become law, the bill must be signed by the president and will generally be effective…