In the case of early termination of contracts, the question of proper assessment of agreed payments between parties for VAT purposes is quite often. In this context, we would like to draw your attention to the judgment of the European Court of Justice in a case concerning the early termination of a contract for telecommunication services with agreed a minimum commitment period.
Newsroom
Year-end top-up obligation in Hungary: do not forget about it! | News Flash
Contrary to previous years, the year-end top-up obligation will be different in 2019. Earlier, by the end of the business year, companies had to investigate whether they are subject to a tax advance supplement (also known as top-up obligation). In this article, we are focusing on the related changes.
Taxpayers can now check their micro-account number in Poland | News Flash
Starting from January 1, 2020, the micro-account will be used by taxpayers to pay their PIT, CIT and VAT. The existing accounts used by tax offices for these payments will be active until December 31, 2019. After this date, payments must be made to the tax micro-account.
Excise duty for hybrid vehicles in Poland | News Flash
The Polish Parliament has adopted an act based on which excise duty for hybrid cars will be decreased. If the Polish President signs the act. the excise duty fill amount to: 1,55% (currently 3,1%) for hybrid cars with engine up to 2000 cm3; 9,3% (currently 18,6%) for hybrid cars with engine from 2000 cm3 to
Main statements and payments due in November 2019
Keeping deadlines are a must if you wish to be compliant with local legislation. Our overview of the most important upcoming tax-related dates from the Czech Republic, Hungary, Romania and Slovakia, or our 2019 Tax Calendar will help you to keep track of all your obligations. Subscribe to our newsletter to be notified about changes! Set
Ultimate Beneficiary Owner Register – new obligation for companies in Poland | News Flash
The Ultimate Beneficiary Owner Register (or “UBO Register”, in short) has been launched in Poland on October 13, 2019. The new register obliges all Polish partnerships and companies registered in the Polish National Court Register to provide information about their ultimate beneficial owners. Entities entered into the National Court Register before October 13, 2019 are
Tip from Accace Czech Republic: Clean your wardrobe and help others! | CSR
Do you have any unnecessary things and ill-fitting clothes at home? Our colleagues from Accace Czech Republic found a way to get rid of them and do a good deed at the same time. They bring them to a big basket in the office to be sold in the Moment charity shops. One bag full
Criminal liability of legal persons in the Czech Republic – part 2: Identification and setting of internal rules | News Flash
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.
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”).
Accace unveils: „This is how we ACE” manifesto – a refresh of our Mission and Values
We are delighted to announce an improvement on our Mission and Values, inspired by People’s beliefs. Through this approach, we aim „to support Colleagues and Clients to reach their Dreams, while leaving a positive imprint on the world”. The decision didn’t come as a complete surprise, People have dramatically changed how they live and work and
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
