The risk of a company criminal liability can be reduced with a well-set compliance program. And it is also important to identify the risk areas within the company – read more in our article.
News Flash
Poland introduces the Central register of beneficial owners starting from October 13, 2019 | News Flash
Taxpayers in Poland are expected to take part in the creation of a new register for tax purposes. The launch of the Central register of beneficial owners (or CRBR in short) is a result of the implementation of the EU Directive on preventing the use of the financial system for money laundering or terrorist financing. Beneficial
What deadlines do Romanian employers have to meet for reporting in Revisal?
Each employer from Romania has the obligation to instate a General Registry of Employees in electronic format, more widely known as Revisal, and to comply with certain reporting terms.
The Polish Ministry of Finance plans significant changes in excise duty | News Flash
On September 17, 2019 the Polish Ministry of Finance published a draft law to prevent frauds and irregularities in the taxation of excise duty. The new legislation is planned to come into force in January 2020. Important changes The most important changes included in the draft law are: Introduction of the obligation to keep excise
New rules for the adjustment of the deducted VAT from the investment property in Slovakia | News Flash
The obligation to adjust the deducted VAT arises to taxable person in respect of capital goods acquired or their self-generation at own expense if he changes the purpose of their use. A change in the purpose of use of investment property is also the leasing of real estate with exemption from tax.
New VAT matrix and binding rate information as of April 1, 2020 in Poland | News Flash
The Polish president signed the amendment of both the VAT as well as the Tax Ordinance Acts on August 29, 2019. The amendment implements regulations on the so-called new matrix of VAT rates and binding rate information (“WIS”).
Main statements and payments due in October 2019
Being oriented in the maze of tax deadlines is sometimes tough - but our monthly summary is here to help! Take a look on the upcoming tax-related dates from the Czech Republic, Hungary, Romania and Slovakia, or download our 2019 Tax Calendar as a Month-by-Month Calendar from here. Don't miss out on the latest news and
Summary of the most important tax changes in Poland from August and September, 2019 | News Flash
We present our summary of the most important tax events at the turn of August and September 2019. The announcement of a balanced state budget for 2020 (revenues and expenditures at the same level) makes the fiscal aspirations of the Ministry of Finance even more important. Two judgments of administrative courts, important from the perspective
Changes in delivering confirmations about school attendance in Slovakia | News Flash
From 1 September 2019 a novelty being a part of anti-bureaucracy law and relating specifically to the provision focusing on reducing the red tape by the use of the public administration´s information systems (IS) assumes effect. In this case, the bodies of state power when fulfilling their official duties are liable and entitled to obtain and use data registered in the public administration´s IS and also to provide such data to one another in essential scope.
Deadline for Transfer Pricing documentation in Poland | News Flash
We would like to bring your attention to an upcoming deadline related to transfer pricing documentation in Poland. Deadline for the 2018 transfer pricing documentation For taxpayers whose tax year corresponds with the calendar year, the deadline for preparing the transfer pricing documentation for the year 2018 expires on September 30, 2019. In order to
Submission of APA application in Poland | News Flash
The submission of APA application by December 31, 2019 will exclude the restrictions from art. 15e of the CIT Act regarding acquired intangible services and licenses for 2018 and 2019. Exclusion of restriction according to art.15e o the CIT Act The exclusion is a direct result of the bill on the settlement of disputes regarding
Main statements and payments due in September 2019
Beware of the upcoming local tax deadlines in September - for an easier overview, we have gathered the most important dates from the Czech Republic, Hungary, Romania and Slovakia. Take a look below or download our 2019 Tax Calendar as a Month-by-Month Calendar from here. Subscribe to our newsletter, if you want to stay updated!
Recovery of receivables in Romania
The commercial arbitration is a form of alternative jurisdiction to usual courts of law in Romania and does not apply in disputes concerning the civil status of the individual, the capacity of persons, succession debates, family relations, as well as the rights over which they cannot dispose of.
Changes concerning tax regulations in Poland | News Flash
Despite the holidays, the taxpayers' notebooks are slowly missing blank pages to note the tax changes: postponement of the breakthrough changes in withholding tax, new returns on real estate tax (this tax was also the subject of a very important court ruling at the beginning of July), explanations on the IP BOX and many others.
Adjustment of VAT deductions in respect of Capital Goods | News Flash
The obligation to adjust the deducted VAT arises to taxable person in respect of capital goods acquired or their self-generation at own expense if he changes the purpose of their use. A change in the purpose of use of investment property is also the leasing of real estate with exemption from tax.
