On 1 October 2009, the government submitted a bill proposal No. 52 2170 of 23 September 2009 on fiscal and other legal measures to the parliament. The most important fiscal measures are described below. Unless indicated otherwise, the measures apply from 1 January 2010.
Corporate income tax
(a) Participation exemption. Under the participation exemption, dividends received are 95% deductible. One of the conditions is that the parent company must own a m…