One important aspect of the 2008 reform of business taxation is the interest barrier. It puts a limit on the amount of interest expenses deductible from earnings, thus reducing the tax bill. Therefore, it aims to prevent tax substrate from fleeing to other countries. This article starts with a...

An important part of the 2008 reform of business taxation is the final withholding tax of 25% to be introduced from 2009 on all capital income – interest, dividends and proceeds from pri-vate sales – coupled with the parallel abolition of the so-called half-income method for divi-dend...