Slovenia Amends Corporate Income Tax Act Including Removal of Thin Cap Rule, Introduction of Loss Carryforward Limit, and Other Changes

Slovenia published the Act on Amendments to the Corporate Income Tax Act in the Official Gazette on 26 November 2024. The measures include:

• The simplification of the interest deduction limitation rules by removing the old thin capitalization rule while maintaining the new 30% of EBITDA rule (currently both rules are applied), along with an increase in the safe harbor from EUR 1 million to EUR 3 million;
• The introduction of a five-year limit on the carry forward of tax losses, with a transit…