VAT news [May 2024]
The European Commission postponed VAT changes that were to become valid in 2025 for several years. The Court of Justice of the European Union clarified rules for the determination of tax base for internally dev…
The European Commission postponed VAT changes that were to become valid in 2025 for several years. The Court of Justice of the European Union clarified rules for the determination of tax base for internally dev…
On 14 May 2024, an amendment to the VAT Directive was discussed at the European Union level (ECOFIN). This amendment contains three main pillars aimed at modernising and simplifying the tax system in the EU. Th…
The Ministry of Finance is working on an amendment to the VAT Act, which is expected to come into force on 1 January 2025. The Court of Justice of the European Union has expressed its opinion on the question of…
In the March VAT News, we provide a comprehensive overview of noteworthy court decisions pertaining to VAT. For instance, the Court of Justice of the European Union has deliberated on the commencement of the ti…
The Financial Administration has issued information regarding the application of the right to deduct tax for M1 passenger cars. Currently, an amendment to the VAT Act is undergoing the comment procedure, which …
After the intervention of the Constitutional Court, a case concerning the possibility of using the police’s CCTV footage in tax proceedings has returned to the Supreme Administrative Court (the "SAC"). We infor…
In the current VAT news, we present selected changes brought by the latest amendments to the VAT Act effective from January 2024. We recall, for example, which goods and services fall under the reduced 12% rate…
A number of tax changes came into force at the beginning of 2024. This article provides a summary of the most crucial ones.
The amendment to the VAT Act has been signed by the President. The meeting of the Coordination Committee of the General Financial Directorate and the Chamber of Tax Advisors will address a likely change in the …