corporate tax allowances

The amount of corporate tax payable may be reduced by applying the following tax allowances: 

  • development tax allowance of maximum 80 percent of the calculated corporate tax. 

The following allowances may be applied to maximum 70 percent of the tax reduced by development tax allowance: 

  • tax allowance relating to film production sponsoring 
  • tax allowance of spectator team sport sponsoring 
  • tax allowance of small and medium size enterprises 
  • tax allowance of live music service 
  • tax allowance of investments serving energy efficiency purposes.

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