Eurofast is excited to announce the promotion of Antonis Gavrielides to the position of Deputy CEO. Antonis is part of Eurofast for more than 11 years and has contributed greatly to his current role as a Country Manager and as a member of the Board of Directors of Eurofast. Antonis…
Since January 2019, Belize has incorporated a new tax regime which has led to the collapse of the zero-tax heaven regime. In simple words, all Belize international companies (“IBCs”) whether tax-residents or non-tax residents, are now liable for income taxes…
After almost 20 years of discussions, changes and ameliorations, Ukraine has opened its land market. Supported by the president, the official launch of the land market is expected to bring more transparency and simplicity. The final variant of the law remained…
Taxpayers can submit applications for deferral or installment payment of tax liabilities under intervention legislation until 30 June 2021. On the expiry of that date, the Articles 67 and 68 of the Act on intervention measures to mitigate the consequences…
The Government of the Republic of Srpska plans to tax dividends and income from the share in the company’s profit, rather than income based on interest on citizen’s savings, and taxation of the total gross salary. They stated that the…
Since 2020, a highly important wide-scale change was implemented regarding tax administration. Based on the declarations submitted for a particular month, the taxpayer receives an automatic refund of the existing VAT surplus to his bank account. The system is fully automated,…
“The hardest thing in the world to understand is income tax.’’ This was said by Nobel prize winner and arguably one of the greatest physicists of all time, Albert Einstein. While it’s doubtful whether he was referring to the base rate;…
As of July 1, 2020, with a change in the Value Added Tax Act (VAT), the introduction of a temporary differentiated VAT rate was adopted for some sectors that are most affected by the economic crisis in connection with COVID-19….
The Fiscalization Reform, that started to be implemented in Albania since January 1st, 2021, for taxpayers who have direct commercial relations with state institutions, has also started officially to be implemented on taxpayers who conduct cashless transactions between them from July 1st, 2020. Through the approval of…
As the number of remote workers has increased significantly during the Covid-19 pandemic, the demand for destinations and facilities from which, with the help of high-speed internet, regular work activities can be performed has also increased. The jobs that digital nomads perform cover different areas – programming,…