Program Law submitted to Parliament – corporate tax

On 25 November 2009, a program law was submitted to Parliament which contains fiscal and other legal measures, which, unless indicated otherwise, should take effect from 1 January 2010 (assessment year 2011).

The most important corporate income tax proposals are described below.

Participation exemption

To cover part of the costs resulting from the implementation of the decision in Cobelfret (C-138/07) in which the European Court of J…