Law Decree 209: provisions on corporate taxation and tax concessions for recruitment
It should be noted that the decree law no. 209 issued on 21 September 2002 with which provisions on corporate taxation were introduced, was converted into law no. 22 of 2002 November 265 and published in the Official Gazette no. 275 of 23 November 2002.
With this work we intend to provide a first generic framework regarding the innovations that have been introduced.
The text is structured in seven articles:
- Art.1: provisions on corporate taxation
- Art 2: provisions on tax concessions for recruitment
- Art.3: provisions on excise duty
- Art.4: provisions on collection and extension of deadlines
- Art 5: provisions on stamp duty
- Art.6: financial coverage
- Art.7: entry into force
Below, we will focus our analysis on the points that are of particular importance, giving particular emphasis to the write-down of equity investments and their relative deductibility, given the different interpretations of the tax authorities.
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