The Regional Surcharge was recently amended by the Regional Decree Law number 5-A/2014/M, of 23 July.

We highlight the change of the single rate for additional rates, as follows:

• Taxable profit more than 1,500,000 EUR until 7,500,000 EUR: 3%;
• Taxable profit more than 7,500,000 EUR until 35,000,000 EUR: 5%;
• Taxable profit more than 35,000,000 EUR: 7%.

The amendments are retroactive to 1 January 2014 and applicable to tax periods from that date.