SME tax allowance

The taxpayers qualifying as small and medium size enterprises (SME-s) on the last day of the tax year of conclusion of a loan agreement (including financial lease contracts also) may apply tax allowance on the interest on the loan taken out from a financial institution (including other loans certifiably taken out to repay the loan used) for the acquisition or production of a tangible asset based on a loan agreement and used exclusively for this purpose. 

Percentage and absolute value limits were eliminated from 2017. 

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