Summary 198 posts
In accordance with the regulation currently in force, it cannot be determined unambiguously regarding the fulfilment of the EKAER (Electronic Trade and Transport Control) reporting obligation whether any sanctions apply if an EKAER number is requested for a movement of goods involving public road transport, which would be exempted according to the regulation from the obligation of reporting in the EKAER system.
Read moreThe text of the amendment of Act XCII of 2003 on the Rules of Taxation in relation to the EKAER (Electronic Trade and Transport Control) system was published on the Parliament’s website this afternoon.
Read moreIn this post, I summarize Action 2 of the BEPS package published by OECD in September the aim of which is to neutralize the effects of so-called hybrid mismatch arrangements, referred to hereinafter as “hybrid arrangements”, “hybrid structures” or simply as “hybrids”.
Read moreThe EKAER system to be introduced from 1 January 2015 causes a lot of headaches for warehouse, logistics and purchasing staff. The stakes are high! The default fine may be as high as 40 percent.
Read moreNews hot of the press – the Hungarian government plans to introduce threshold of 2 M HUF or 2500 kgs to be reportable into the EKAER (Road Trade Control System) from 1 January 2015.
Read moreThe UK Government has released details of proposed rules on diversion of profits from the UK, thus firing a warning shot at large multinational businesses that they consider are not paying their fair share of UK corporate taxes.
Read moreIn my last two posts, I presented the actions of BEPS which were published by OECD in September and which are considered final. In the coming weeks, I will move on to the reports that were intended as transitional.
Read moreThe importance of the action The OECD BEPS study concludes that \"the digital economy is increasingly becoming the economy itself”, therefore it is of utmost importance that we face those new challenges that arise as a result of this process. It is sufficient to think of e-commerce, financial transactions or online training, but according to the study we do not have to wait long for e-health services (remote health services) to become widespread. To highlight the importance of the issue, it is sufficient to note that the size of total worldwide e-commerce was estimated to amount to USD 16 trillion (!) in 2013.
Read moreIn this post, I will examine Action 15, which analyses the feasibility of a multilateral “instrument” aimed at the modification of bilateral double tax treaties, which will mostly likely take the form of an agreement.
Read moreOECD recently published its status report on the progress of the 15 actions laid down in its earlier Base Erosion and Profit Shifting (BEPS) document.
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