VAT news [February 2022]
Should the compensation of cost incurred in connection with wage deductions of employees under enforcement proceedings be subject to VAT? How should leasebacks be regarded from the VAT perspective? Should the s…
IFRS Interpretations Committee agenda decisions
We bring two interesting final agenda decisions issued by IFRS Interpretations Committee in 2021.
In Brief from International Taxation [February 2022]
Temporarily reduced or zero VAT rates were introduced in Poland. The clarity on taxation of crypto coins shall be secured by recently published guidelines by Swiss Tax Authorities. New tax measures for taxation…
Will there be a change in the definition of business activities currently registered under “Production, trade and services not lis…
Production, trade and services not listed in Appendices 1-3 to the Trade Licensing Act. Every one of us has seen an extract from the Commercial Register using this term. However, there is no way to find out fro…
Why use the tax information box PLUS?
In practice, we recommend our clients use the current tax information box PLUS (DIS+) available at www.mojedane.cz. It is basically an online overview of a company's personal tax accounts (similar to internet b…
Contributions to the protection of intellectual property rights for SMEs
This year, the European Union allows for small and medium-sized enterprises to receive an Intellectual Property Rights allowance. The MSP Ideas Powered for Business grant programme will distribute up to €16 mil…
Update to the OECD Transfer Pricing Guidelines
On 20 January 2022, the Organisation for Economic Co-operation and Development (OECD) published a new version of the Transfer Pricing Guidelines for Multinational Enterprises and Tax Administrators (“Guidelines…
Important changes to investment incentives
The former government approved two important changes in the area of investment incentives during November 2021. The first one is a new map of regional aid, which adjusts the percentage of aid granted in each re…
New Intrastat. What to prepare for from January 2022?
From changes in terminology to reporting new data – these are, in brief, the changes in Intrastat reporting for 2022 that will affect both accounting systems and the possibility to remit sanctions. How to prepa…