The draft Consolidation Package, which concerned the setting of depreciation limits for M1 passenger vehicles, has been amended following a comment procedure to give the proposal a more concrete outline. As the…
What can you read about in the June VAT news? The Czech Republic submitted a proposal to the EU Council to apply a reduced VAT to the supply of environmentally friendly products. The Supreme Administrative Cour…
As part of its Recovery Package, the government has introduced new VAT rules that bring changes to amounts of rates and new classification for some items. The effect of the amendment to the VAT Act on real esta…
The General Financial Directorate is preparing changes to the information on the application of VAT in the field of real estate. In addition, it intends to issue information on the determination of the tax base…
The Court of Justice of the European Union has ruled on the possibility or impossibility of correcting taxation on bad debts that have already been partially recovered. In another case, it dealt with disguised …
The amendment to the VAT Act, which will bring, among other things, a set of new obligations for financial institutions making cross-border payments, has been delivered to the Chamber of Deputies. Since January…
The General Financial Directorate has published two key pieces of information relating to the current amendment to the VAT Act. The Ministry of Finance has published in its newsletter a new methodology for the …
From 1 January 2023, a new amendment of the Income Tax Act and VAT Act and other related acts should come to force. A draft amendment to the Income Tax Act has been approved by the Chamber of Deputies and has r…
The amendment to the VAT Act is currently pending approval in the Senate. The EU Commission requires the Member States to regulate the application of VAT on payments by fuel cards. The Court of Justice of the E…
What is new in indirect taxes? The expected amendment to the VAT Act is still pending in the Chamber of Deputies. The Coordination Committee of the General Financial Directorate and the Chamber of Tax Advisors …