Tax News - August 2024

Tax News - August 2024

In our newest Tax updates read more on the following tax updates and changes in tax legislation:

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i. INCOME TAX

  • Deadline for settling the income tax liability expired
  • Payment of dividends to non-residents


ii. VAT

  • Case law – Commission with organizations for collective management of copyright and related rights


iii. CIT

  • Case law – Tax (non) recognition of litigation provision expenses


iv.? OTHER CHANGES

  • Case law – Revocation of the retroactive effect of interest
  • Draft amendment to the Companies Act, including Corporate sustainability reporting, Transparency in reporting by larger companies, adaptation of the criteria for micro, small, medium and large companies or groups, ensuring gender balance among company directors, and other changes
  • Amendment to the Market in Financial Instruments Act
  • Subsidies for the purchase of electric vehicles for natural persons
  • High tariffs on Chinese electric vehicles
  • Updated list of countries at risk of money laundering or terrorist financing


Read more about these topics on our website by visiting our webpage.


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