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Retained

  • Statutory Tax Rate 15
  • Surtax Based on Taxable Income 0
  • Surtax Based on Statutory Tax 0
  • Surtax Deductible from Taxable Income 0
  • Statutory Tax Deductable 0
  • Effective Tax Rate 15

Statutory Tax Rate

The general corporate income tax rate is 15%. A 5% rate applies under incentive legislation.

For the years 2020, 2021 and 2022, a temporary 20% corporate tax rate is introduced on profits of banks exceeding EUR 2 million. However, the profits below EUR 2 million is taxed at the general corporate income tax rate.