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Amendment on Accounting Act in Czechia

19-12-2015 Accounting Czech Republic

Starting from 1 January 2016 an amended Accounting Act, including related decrees and accounting standards …

YE2015 - Changes in tax laws in Hungary (Part 2)

15-12-2015 Tax Hungary

Modifications of the Rules of Taxation and the PIT Tax have been highlighted in our previous newsletter – in this issue we browse through the changes made to other taxes and dues.

YE2015 - Changes in tax laws in Hungary (Part 1)

15-12-2015 Tax Hungary

In this newsletter we are going to review the more significant modifications made recently to the Act on the Rules of Taxation and to the Personal Income Tax.

 

VAT control statement in Czech Republic

10-12-2015 Tax Czech Republic

Based on an amendment of VAT Act effective from 1st January 2016 new mandatory report VAT control statement…

Extention of related party reporting in Czechia

30-11-2015 Tax Czech Republic

On 28 November 2014, the Financial Administration issued an official wording of the Appendix to the Tax Return entitled “Summary of Related Party Transactions“ which will be completed by the companies upon submitting the tax return for 2014.

Changes to the invoicing of periodically settled transactions

08-11-2015 Tax Hungary
The VAT treatment of periodically settled transactions is about to change fundamentally as of 1 January 2016.