Are you wondering about the most significant changes in the Slovak legislation with the arrival of 2018?
The judgments concern the input VAT deduction by private investors in respect to construction projects, classification of leasing contracts on tangible assets for VAT purposes, as well as exemption of services related to the import of goods.
Download PDF! We would like to draw your attention to the most interesting judgments of the European Court of Justice (hereinafter the „ECJ“) on tax matters, which were decided during Spring 2017. Supply of restaurant and entertainment services by an educational establishment is not a subject to VAT In the case C 699/15 Brockenhurst College,
Download PDF! As we have published last year in our article about upcoming changes to Tax Package for 2017, a new requirement will be implemented regarding the itemized reporting of invoices with VAT amount over 100,000 HUF. Currently, entities are required to prepare and submit itemized VAT report of their invoices with value over
Recently, the National Bank of Ukraine has been revised approach to licensing transactions of individuals dedicated to placing funds in accounts opened abroad and investments abroad. Corresponding changes were introduced by the National Bank of Ukraine on 23 February 2017 №14 “On amendments to some legislative acts of the National Bank of Ukraine”, which takes
Download PDF! We would like to draw your attention to the most important changes in transfer pricing effective as of 2017 in Slovakia, that were introduced by the amendment to the Income Tax Act. The most crucial changes are related to stricter penalties for breach of the arm ́s length principle, to the
The Board of the National Bank of Ukraine adopted Resolution №33, which entered into force from 14 April 2017 “On Amendments to Certain Normative Legal Acts of the National Bank of Ukraine”. In order to improve the order of some currency transactions, the following changes were made: The purchase / transfer of foreign currency
Download PDF! In December 2016 we informed you in our News Flash about the expected implementation of the rules of the European Union for so-called “country-by-country reporting” (CbCR) for multinational groups with total consolidated group revenue reaching 750 million EUR or more. These rules were approved by the National Council of the Slovak
As of January 4, 2017, FEA-contract can be concluded in written or electronic form, and for services – by adopting a public offer or invoice. It was established by the Act № 1724-VIII from March 13, 2016, with the title “On Amendments to some Laws of Ukraine regarding the elimination of administrative barriers to