On 1 January 2014, the amendments to the Income Tax Law (the Law), which were presented on 12 June 2012 and were initially intended to enter into force on 1 January 2013, entered into force. In addition, on 5 December 2013, the parliament adopted the following amendments to the Law.
Pensions allowanceThe annual pension allowance is increased from EUR 2,304 to EUR 2,520. The allowance is applicable to statutory pensions of an EEA country and pensions payable under a social security agree…