Expands tax incentives for investments in digital and green transition
22 Nov 2024
On 22 November 2024, Slovenia amended the Corporate Income Tax Act (ZDDPO-2U) to expand tax incentives for corporate taxpayers investing in the digital and green transition. Under the new provisions, taxpayers may claim tax relief over five tax periods following the investment, as outlined in article 55c of the Corporate Income Tax Act (ZDDPO-2), promoting long-term investment in sustainable and digital innovation, rather than being limited to the year of investment, as stipulated in the 2022 legislation.
Eligible investments include cloud computing, artificial intelligence, big data and environmentally friendly technologies. The relief, aligned with the European Union’s goal of climate neutrality by 2050, allows for a 40 per cent deduction of the investment value in the year of purchase, up to the taxable base limit; however, total tax reliefs may not reduce the tax base by more than 63 per cent. The amendments shall apply to tax periods starting from 1 January 2025.
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Type:
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Promotion and facilitation (Investment incentives)
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Industry:
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Services (Electricity, gas, steam and air conditioning supply, Computer programming, consultancy and related activities)
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Sources:
