In accordance with DG No. 153/2020 for the establishment of certain tax measures to stimulate the maintenance/growth of net worth and to complete certain regulatory acts, measures to reduce the profit tax, microenterprise income tax and specific tax are introduced for the period 2021 – 2025, as follows:
(a) 2%, if the book net worth is positive in the year for which the tax is due. The book net worth must at the same time fulfil the condition of being at least equal to half of the subscribed share capital;
b) if there is an annual increase in the adjusted shareholders’ equity in the year for which the tax is due compared to the adjusted shareholders’ equity recorded in the previous year and, at the same time, satisfies the condition under a), the reductions have the following values:
c) 3%, if the taxpayer registers an increase in the adjusted net assets of the year for which the tax is payable over the adjusted net assets registered in 2020 beyond the level provided for in the table below and if it simultaneously satisfies the condition set forth in subparagraph a.
If two or three conditions for applying the reduction are met, the percentages are cumulated. The granting of reductions only applies if the condition of having a positive net worth is simultaneously fulfilled.