Companies included in the entry within The National Court Register (NCR), shall provide their Financial Statements to the appropriate register. The information should be automatically forwarded for publication in the Court and Economic Monitor. The financial year of most companies coincides with the calendar year, this is why they should... Read More →
Expenses of businesspeople for small snacks and drinks (such as cookies, crackers, sandwiches, coffee, tea, water and juice) are deductible, regardless of whether they are served during discussions with partners in the office, or elsewhere – Article 16, Paragraph 1, Point 28 of the Law on Corporation Tax and Article... Read More →
On 18 July, 2013, entered into force amendments to the Regulation of the Minister of Finance on transfer pricing, introducing important changes that affect the manner of conducting tax audits on transfer pricing. The amendment included with the 2010 OECD Guidelines on transfer pricing for multinational enterprises and tax administrations.
From 01 January, 2014, the following changes will come into effect. The requirement of invoices will be transferred to the VAT Act, and will result in the newly added objectives to the VAT Act. The changes will include the basic invoicing period and in relation to some of the activities... Read More →