It Is Promised to Expand the Corporate Tax Relief for Investments, Change the Taxation of Accounts

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In order to increase the country's competitiveness, especially in the defense industry and biotechnology sectors, the Ministry of Finance will propose to amend the Income Tax Law and expand the application of the benefit for investment projects by the middle of next year.

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The government has completed its budget proposal. It only took one day to draft it.

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The economy is in recovery mode and growth is currently broad-based. “The government must use budget decisions to strengthen growth and keep the operating environment for companies predictable,” says Juho Romakkaniemi, CEO of the Central Chamber of Commerce. The Central Chamber of Commerce demands that the government step up growth in the budget session starting on Tuesday and strengthen companies’ willingness to invest and consumer confidence. …