On April 19th, 2018, the Serbian Parliament adopted the Law on Amendments to the VAT Law. The adopted Law was published in the Official Gazette No. 30/2018 and came into force on 1st of July 2018, with the exception of…
On 14 March 2018, officials from Georgia and Saudi Arabia signed an income tax treaty which has been forwarded for ratification. The main goal of signing the agreement is to increase economic cooperation between Georgia and Saudi Arabia and attract…
On the 6th of June 2018, the Ministry of Finance of Russia (hereinafter “MoF”) published a Guidance Letter No. 03-04-06/33393 as of 17th of May 2018 clarifying the tax residency status of an individual who appears to be a dual…
With the new revision of the US Congress, the Decision on extending the GSP (Generalized System of Preferences), which allows goods produced in Bosnia and Herzegovina to have authorized customs treatment on import into the United States, was adopted. For…
In 2009, as an anti-crisis measure, the FYR Macedonian government introduced the application of the preferential VAT rate of 5% to the first sale of residential buildings. While initially planned to be in force until the end of 2011, the…