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TIME FOR NEW INVESTMENT INCENTIVES    
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 As of 1 May 2015, an amendment to the Czech Investment Incentive Act (the “Act”) came into force. Its aim
is to make investment incentives more attractive for investors even despite reduced maximum level of state
aid (25% from the previous up to 40%), which in July 2014 was introduced by the European Commission‘s
General Block Exemption Regulation (the “Regulation”) regulating the conditions and rules for state aid.


https://issuu.com/ppagency/docs/db_aj_2015_web/47