Settling with the tax office on CIT allows businesses to take advantage of a number of reliefs related to running their own business, among those advantages are:



COUNTDOWN LOSS

If the company had losses in a previous year, it has a possibility to countdown it from the tax over the years, but it can not exceed 50% of the tax.



COUNTDOWN OF DONATION

Donations to public benefit organizations and religions businesses also are tax- deductible. They can not, however, be more than 10% of the tax.



COUNTDOWN OF NEW TECHNOLOGY EXPENDITURE

You can countdown of income expenses associated with new technologies that allow for the modernization of production or services in your company. It must be a technology used in the world for less than 5 years.



COUNTDOWN EXPENDITURE FOR RESEARCH AND DEVELOPMENT

 

The expenses associated with supporting research and development in company might be countdown from tax too.

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