A new set of Tax Laws has been adopted in the Republic of Serbia most of which will be applicable as of January 2022. The main changes are seen in: Law on Amendments to the Law on Personal Income Tax Non-taxable salary amount will be increased from 18.300 RSD to 19.300 RSD Validity of the “old”…
In Croatia, during the holiday season, employees and their children are likely to be given occasional or special rewards as a non-taxable bonus by their employers. Such measure is, of course, optional to the employers, however, it consists of a nice gesture towards the employees during the most wonderful time of the year. Occasional rewards for holidays are excluded from the HRK 5.000,00 non-taxable…
The Parliament of Albania recently announced amendments in the Law on the register of beneficiary owners, through a new draft law The changes made are substantial and directly affect the process of declaring beneficial owners, as well as, the current situation of many of the reporting entities. …
Starting from January 2022, a new model of fiscalisation will come into force in the Republic of Srpska. That will enable the suppression of the gray economy, and will benefit both employers and citizens, because the same conditions will be created for all business entities, and citizens, who use budget…
Corporate taxation Greece enacted the reduction of the CIT rate from 24% to 22%, from 2021 onwards. This measure has already been adopted by virtue of Law 4799/2021. Reduction of the capital duty tax rate from 1% to 0.50%, for transactions for which the tax liability…
The Cyprus Securities and Exchange Commission (“CySEC”) announced on December 14th, 2021, the amendment of Directive 87-04. The amendment relates to the provision of investment services by entities authorised and regulated by the UK’s FCA to eligible counterparties and professional clients based in Cyprus after the expiry of…