We are already used to making substantial changes and additions to the main tax laws every year. With this year being no exception, we will describe below the most important changes coming into force at the beginning of 2023. I….
Law 5000/2022 was published on the 09.12.2022 and, inter alia, includes provisions regulating the following: ✔ Extension of the possibility of inclusion in the VAT suspension regime on real estate The possibility for constructors to opt for inclusion in the…
The new year brought several changes in the set of tax laws in the Republic of Serbia. Significant changes on personal income tax and mandatory social security contributions were announced. New parameters for taxation of wages and other personal income,…
With an announcement from the Tax Department, the zero rate for products and services related to the COVID-19, ceases to apply. Starting from 01/01/2023 the below VAT rates will enter into force: 5% VAT for vaccine deliveries related to the…
On 22 March 2021, the EU Council adopted EU Directive 2021/514 (commonly referred as “DAC 7”) amending Directive 2011/16/EU (DAC-6) on administrative cooperation in the field of taxation. As per DAC-7 implementation, the Digital platform Operators in the EU are…
The progressive tax rate, which was supposed to re-enter into force on January 1st 2023, has been postponed. The Parliament of North Macedonia adopted the amendments to the Law on Personal Income Tax, according to which, from January 1, 2023,…
The Government of the Federation of Bosnia and Herzegovina has adopted a Decision on establishing the lowest salary for the period 01.01.2023 to 31.12.2023 in the net amount of 596 KM (approx. 300 EUR), which represents an increase of 9.85%…
A new version of the existing law on Tax Procedures was recently published by the Ministry of Finance in Albania. According to the latest changes, every business that operates with cash transactions is obliged to deposit in its bank account…
An Agreement to Avoid Double Taxation between Croatia and the United States of America was signed on December 7, 2022, by the US Undersecretary for Economic Growth, Energy and Environment Jose W. Fernandez and the Croatian Minister of Finance, Marko…
Following our previous article on the new Tax for All platform, the Tax Department announced that the first step to launch the TFA has started. Probably the most important step for the whole procedure to start the migration to the…