New EU rules on state aid

At the end of April, the European Commission adopted new rules on regional aid to enter into effect on 1 January 2022. The new rules bring significant changes, in particular for applicants for investment

Investment incentives: Possibility to extend the deadline for meeting general terms and conditions to up to five years

In record time, the chamber of deputies and the senate have passed a draft government amendment to the Act on Investment Incentives allowing support recipients affected by the coronavirus…

Landmark case-law: softer penalties for transfer prices incorrectly set by companies receiving investment incentives

The Supreme Administrative Court (SAC) has issued a ground-breaking judgment for companies drawing investment incentives under older schemes. The court confirmed that the failure to meet…

First change to new investment incentive criteria

In response to the coronavirus pandemic, the Ministry of Industry and Trade has submitted an amendment to the Government Decree on Investment Incentives aiming to provide more substantial…

‘Keeping of assets’ for investment incentive purposes – to own, or not to own?

The Supreme Administrative Court (SAC) held that to prove compliance with the condition of ‘keeping the assets’, it should suffice that the investment incentives recipients prove that the…

Government (not) approving investment incentives

Three applicants for investment incentives were denied financial support to acquire fixed assets by the government. Applications for the support of strategic investment projects were…

Stricter rules for investment incentives in effect

An amendment to the Act on Investment Incentives has been promulgated in the Collection of Laws and will enter into effect on 6 September 2019. According to the amendment, projects will…

Watch out for tax inspections! Companies drawing investment incentives surprised by transfer pricing issues

Apart from loss-making companies, tax administrators now systematically target transfer pricing in profit-making companies that draw investment incentives.