From 1 January 2020, taxable persons are allowed to deduct expenses (directly or through depreciation) relating to the construction, improvement and repairs of publicly owned technical infrastructure which is used, in full or in part, for the carrying on of their economic activities. Under transitional rules, such expenses can also be deducted (through depreciation) if they were incurred between 1 January 2015 and 31 December 2019.
Under the recently adopted amendments, the above deduction option is expanded to include expenses incurred for repairs of publicly owned technical infrastructure.
The amendments are effective retroactively as from 1 January 2020.