On October 12, Ukraine signed a Common Aviation Area Agreement (CAAA) with the European Union. Since Ukraine was the 13th largest extra-EU market in 2019, with 9.8 million passengers, the European Commission highlighted this agreement as a significant “milestone”. According to the Prime Minister Denys Shmyhal: “It…
On 15 October 2021, the Minister of Finance of the Republic of Cyprus, Mr. Konstantinos Petrides, announced the Action Plan for Attracting Companies to Operate and Expand their Activities in Cyprus. The implementation of the Strategy is expected to start from January 2022. The Action Plan…
H Eurofast θα ήθελε να σας ενημερώσει ότι το Τμήμα Φορoλογίας έχει δώσει εκ νέου παράταση στην εφαρμογή της οδηγίας για υποχρεωτική αποκάλυψη και ανταλλαγή πληροφόρησης για διασυνοριακές ρυθμίσεις (DAC-6) μέχρι τις 31 Ιανουαρίου 2022. Η εφαρμογή της οδηγίας DAC6 συνεχίζει να είναι αναδρομική και αφορά δηλωτέες διασυνοριακές ρυθμίσεις μετά την 25η Ιουνίου 2018 με τις ακόλουθες προθεσμίες: Διασυνοριακές ρυθμίσεις που έχουν πραγματοποιηθεί από την 25η Ιουνίου 2018 έως την 30η Ιουνίου 2020 Διασυνοριακές ρυθμίσεις που πραγματοποιήθηκαν από την 1η Ιουλίου 2020 έως την 31η Δεκεμβρίου 2020, οι οποίες έπρεπε να υποβληθούν…
Eurofast would like to inform you that an additional extension of the deadline until January 31st, 2022 has been given by the Tax Department, as regards mandatory automatic exchange of information in the field of taxation in relation to reportable cross-border arrangements (DAC6 Reporting). The implementation of DAC6 continues to be retroactive and also concerns…
On November 4th, the government of Montenegro announced the Europe Now program which sets the strategic goal of Montenegro’s economic policy – achieving smart, sustainable, and inclusive economic growth that will contribute to improving the quality of life of all its citizens. This ambitious plan aims to increase the living standards of all citizens, improve the business and investment environment and reduce the grey economy in the labour market….
A new service –Tax Calculator – developed by the National Statistics Service of Georgia (“Geostat”), was recently launched in Georgia. Tax Calculator is a new electronic service that allows its users to determine the amount of their contributions to the budget in the form of their direct…
Serbia and Japan recently signed “Agreement on Elimination of Double Taxation with respect to Income Taxes and Prevention of Tax Evasion and Avoidance” in Belgrade. The Agreement applies to physical persons and legal entities – residents of both countries. As stated in the official website of the Republic of…
The Albanian Minister of Finance presented the Fiscal Package of 2022 during the Parliamentary Assembly on Economy and Finance. The main laws that will be affected by the changes included in the fiscal package of 2022 are on income tax; value added tax in the Republic of Albania; excises in the Republic…
The agreement, promulgated in SG, issue 55 of July 2, 2021, is in line with the priorities of the two countries, the current Bulgarian and Dutch tax legislation and the modern principles of international taxation, reflected in the current Model Agreement of the Organization…
Lebanese companies seeking long term stability are increasingly looking to Cyprus to relocate their operations. Disasters of the last few years, an economy in free fall, and constant political unrest are fuelling the exodus. Unfortunately, optimism is at an all-time…