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News_Ukr

Ukraine officially announces intention to join automatic exchange of

Ukraine is planning to commence with an automatic exchange of information on financial accounts of non-residents under the international Common Reporting Standard as early as 2020, according to statements of the press service of the Cabinet of Ministers of Ukraine…

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News_CY

Cyprus’ income tax exemptions: What you need to know!

On 24 July 2017, the Cyprus Tax Department issued Interpretative Circular 2017/4 in relation to income tax exemptions, sections 8(21) and 8(23) of the Income Tax Law 118 (I)/02. The specific criteria of sections 8(21) and 8(23) are listed below:…

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News_Gr_en

The Greek treatment of digital platform short-term property rentals

The Greek legislation regulates short-term rentals of real estate property within the so-called framework of “sharing economy” (through digital platforms like Airbnb) in the article 111 of Law 4446/2016, as amended and in force. Important definitions A sharing economy is…

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News_BG

Bulgaria implements CbC reporting into legislation

CbC reporting was implemented in the Bulgarian Legislation via its introduction in the Act to Amend and Supplement the Tax and Social Security Procedure Code (TSSPC), published in issue 63 of the State Gazette on 04.08.2017. Bulgarian tax authorities are…

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