Recently, the government submitted Bill No. 53/1208/001 of 11 February 2011 concerning various legal amendments to the parliament. The most important fiscal measures for companies, which apply retroactively from 1 January 2011, unless otherwise indicated, are summarized below.
Participation exemption
Under the participation exemption, 95% of the dividends received are deductible from taxable profits (the so-called 95% dividend received deduction (DRD)…