The programme draft Bill for 2007 contains various fiscal proposals. The most important ones are described below:
Special provision for cash companies
A new Art. 422ter of the Income Tax Code (ITC) will be introduced to provide that each corporation or individual, who alone or together with his spouse and/or their descendants or ascendants and relatives in the second degree, owns directly or indirectly at least 33% of the shares in a domestic company is …