In March 2026, a bill for the amendment of the Corporate Income Tax Act (CITA) was submitted. The following amendments have been proposed:

1. Tax Depreciation of Electric Vehicles

One of the key measures in the bill is the introduction of accelerated tax depreciation for electric vehicles (Category V), allowing for an annual depreciation rate of up to 50%. This measure shall apply to electric vehicles acquired on or after 1 January 2026.

2. Tax Incentive for Research and Development Activities – Promotion of Innovation

The second measure introduces a tax incentive for enterprises engaged in research and development (R&D) activities. Companies will be entitled to reduce their taxable base by deducting, in addition to the actually incurred expenses, an additional 25% thereof.

In order to benefit from this incentive, the expenses must: be directly related to R&D activities; be incurred under market conditions and not be financed by state aid or European funds.

Where an intangible asset is created as a result of such activities, the related costs may likewise be increased by an additional 25%.

3. Currency-Related Amendments

The proposed changes are not limited to the Corporate Income Tax Act but also extend to the following legislative acts:

•  the Accounting Act
•  the Personal Income Tax Act
•  the Local Taxes and Fees Act
•  the Tax and Social Security Procedure Code.

The primary objective is currency harmonization, as well as the expansion of the scope of certain provisions.

4. Entry into Force

The amendments shall enter into force upon their promulgation and shall apply retroactively as of 1 January 2026. With regard to electric vehicles, it is explicitly stipulated that the incentives shall apply only to assets acquired after that date.