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News

В Украине изменены правила бюджетного...

Благодаря недавним изменениям в Налоговый кодекс Украины («НКУ») (пункт 92 Закона Украины «О внесении изменений в Налоговый кодекс Украины (касающихся улучшения инвестиционного климата в Украине)» № 1797-VII от 21.12.2016 года), с 1 января 2017 года действует единый публичный реестр («Реестр»)…

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News_BiH

Bosnia and Herzegovina: Rulebook on indirect tax control amended

Pursuant to Article 14 of the Law on Indirect Taxation System in Bosnia and Herzegovina (BiH) (“Official Gazette”, No. 44/03, 52/04, 34/07, 4/08, 49/09 and 32/13), the Governing Board of the Indirect Taxation Authority (ITA) adopted amendments to the Rulebook…

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News_MN

New Double Tax Treaty signed between Montenegro and Portugal

Montenegro has concluded double taxation treaties with more than 35 countries, and this number continues to grow. The most recently signed treaty is the one concluded with Montenegro. The agreement affects persons who are residents of one or both of…

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News_CY

Cyprus: A new circular sheds light on Transfer Pricing adjustments

In the new circular issued on 24 November 2016, Cyprus’ Tax Authorities clarify that they will also allow downwards or compensating Transfer Pricing (TP) adjustments. Circular 2016/15 issued by the Ministry of Finance clarifies the application of article 33 of…

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News_CY

New Cypriot Law abolishes the Special Contribution

On 1 January 2017, the Cypriot Special Contribution was abolished. The Special Contribution applied in the period between 1 January 2014 and 31 December 2016 as an anti-crisis measure. It was levied at progressive rates with the top one being…

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News

Question is not IF you will be hacked, but WHEN!

In today’s digital age, every company is at risk from hackers. Question is not IF you will be hacked, but WHEN! Wire fraud schemes have become increasingly common and sophisticated. Security threats range from trivial ones to very serious, which…

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News_SRB

New incentives for Investors in Serbia

Serbia entered 2017 with a new Decree on Terms and Conditions for Attracting Direct Investments. During late December, the Government of Serbia amended certain incentives for investors, aiming to create an even more comfortable investment climate, particularly for those planning…

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News_CY

Electronic filing of VAT returns

As from 2nd of May 2017, the electronic (online) submission of VAT Returns will be compulsory in Cyprus, per an announcement published in the Cyprus Official Gazette dated 16 December 2016. All VAT registered companies and individuals will now be…

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News_CY

New Cyprus-India Double Tax Treaty

On 18 November 2016 Cyprus and India signed a new agreement for the avoidance of double taxation and prevention of fiscal evasion with respect to taxes on income (DTT).  The new DTT replaces the previous double tax treaty concluded between…

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News_CRO

Croatia: Important Tax Reform effective from January 1, 2017

On January 1, 2017, Croatia woke to a new, reformed tax system which, the Government hopes, aims at ending the frequent and endless amendments and finally sets the grounds for an attractive investment environment. The Government has delivered a comprehensive…

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