Slovenia: measures to stimulate economy

03/2009
The Austrian Federal Economic Chamber reports that Slovenia has changed its corporation law. The new law entered into force on January 14. Legal entities and sole proprietors can, from 2008 on, retroactively claim an investment incentive of 30 per cent of the amount they invested in material and immaterial capital assets. While there is no limit for sole proprietors, the tax allowance may not exceed € 30.000,- for legal entities and cannot be higher than their tax basis. This measure shall stimulate the Slovenian economy.