CLARIFICATION ON THE DIGITAL AND GREEN TRANSITION RELIEF
Financial Administration of the Republic of Slovenia issued a Clarification on the Digital and Green Transition Relief on March 8, 2023.
Clarification contains additional information and guidance regarding the application of the new relief for investments in digital and green transition in accordance with Article 55c of the Corporate Income Tax Act ("ZDDPO-2"). The same treatment applies in respect of the claiming of the digital and green transition under Article 65a of the Income Tax Act ("ZDoh-2").
The new digital transformation and green transition investment relief applies to tax periods starting from January 1, 2022. Taxpayers whose tax year is the same as the calendar year currently still have time to claim the relief in their corporate income tax return for 2022 before the submission deadline at the end of the month.
The taxable person can claim a reduction of the tax base equal to 40% of the amount representing the digital transformation and green transition investment in each period.
The relief cannot be claimed for investments financed by the budget of the Republic of Slovenia or the EU. This relief cannot be claimed for investments for which the taxpayer claims R&D investment relief or the investment relief.
The taxpayer can claim the above tax relief by completing the Digital and Green Gap Investment Tax Relief Claim Form, which is attached to the corporate income tax return.
The clarification can be found at the link: Digital and Green Transition Relief
How EY can help?
At EY, we regularly follow changes in the tax and legal field and we inform you about them. If you may need any additional advice in connection with the aforementioned relief, our team of tax experts is at your disposal.
