The taxpayer is required to prepare local transfer pricing documentation for a controlled transaction of a homogeneous nature whose value, less value added tax, exceeds the following documentation thresholds in the financial year: 10,000,000.00 PLN – in the case of a commodity transaction, 10,000,000.00 PLN – in the case of...
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Updated: 11-10-2019 Updated: 30-08-2019 Dear ladies and gentlemen, We would like to draw your attention to a broad package of changes in the area of VAT settlements, which should come into force in the second half of 2019. Some of the changes (concerning the mandatory application of the split payment...
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From the 1st January, 2018, non-resident Slovakian businesses may side-step the responsibility to VAT register for intra-community transactions and distance sales from Slovakia. At present, foreign companies must apply for a Slovakian VAT registration, if they are acquired or dispatch goods on a B2B basis through Slovakia. Or if they...
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Moody’s the international ratings has praised efforts by the Belgian Government to reform their tax system, and said that strong corporate tax revenues combined with prudent fiscal policy have strengthened the nation’s creditworthiness. Moody’s said in a report published on the 8th December that advanced corporate tax payments have been...
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From 1st January, 2018 importers of goods from outside of the EU into Finland will benefit from an import VAT deferment. Going forward importers with a Finnish VAT number will no longer be required to pay the import VAT on clearing the goods. In its place, they can wait to...
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