Slovenia to Cut Corporate Tax Rate

Politics ♦ Published: January 9, 2013; 20:02 ♦ (Vindobona)

In order to improve the labor market situation, the Slovenian government has decided cut the corporate tax quota by three percentage points.

Slovenia to Cut Corporate Tax Rate / Picture: © Vindobona.org

At the beginning of the year, Slovenia has started to lower the tax quota for corporate incomes. Within three years, the tax quota declines from 20% to 17%. Every year, the tax quota decreases by one percentage point. According to the Slovenian government, the tax cut will create more than 4,000 jobs. By the beginning of the year, the capital gains tax was increased from 20% to…