Tax News – Summer 2020
We have already informed you in our previous articles about the forthcoming changes, which include so-called implementation package amending several legal regulations due to the implementation of EU tax laws. I…
VAT News [August–September 2020]
Quick fixes, which regulate certain rules for cross-border transactions within the European Union, will take effect from September. The Court of Justice of the European Union (CJEU) has ruled in three interesti…
VAT payers are entitled to higher interest due to lengthy reviews of excessive deductions
The Supreme Administrative Court rendered a judgement in mid-July, which has a significant impact on the amount of compensation pertaining to VAT payers whose excessive deduction refund was withheld by the tax …
The Ministry of Finance Issued Another Decision on Remission of Sanctions for Late Filing of Tax Returns and Remission of Tax
In relation to the spread of the SARS-CoV-2 virus, the Ministry of Finance has issued a new decision that partially builds on the previously issued decisions on remission of taxes and related interest and fees.…
VAT News [April 2020]
The Minister of Finance issued a decision on VAT relief for gratuitous medical supplies. The General Financial Directorate published an overview of situations qualifying for duty free treatment. The CJEU focuse…
According to the Labour Code, Temporary Assignment of Employees Is Subject to VAT
In mid-March the Court of Justice of the EU confirmed that the temporary assignment of employees to work for reimbursement is subject to value-added tax.
VAT News [March 2020]
What is new in the VAT legislation? What information has been issued by the General Financial Directorate (GFD)? How did the Court of Justice of the European Union (CJEU) decide on the VAT exemption in relation…
New Methodical Guidance on Permanent Establishments
General Financial Directorate issued new comprehensive guidance on the taxation of the income generated by tax non-residents from activities performed by means of a permanent establishment. The new guidance rep…
What will 2020 bring in the area of VAT? Quick fixes already in January and a VAT decrease for selected supplies in May
One of the main topics of the traditional autumn seminar on value added tax, which is organised every year by Deloitte, were the new rules in the area of VAT, jointly referred to as “quick fixes”. Their primary…