Summary 36 posts
From 1 January 2017, the proposal would change the definition of real estate exempt from land tax.
Read moreBill no. T/10537 for the Amendment of Certain Tax Laws and Act CXXII of 2010 on the Hungarian Tax and Customs Authority is already available on the Parliament’s website. The bill contains the following important changes:
Read moreIn the end of last year, Action 7 addressed preventing the artificial avoidance of PE status.
Read moreCompanies may request preliminary rulings regarding the VAT liabilities relating to cross-border transactions from the tax authorities of the Member States participating in the CBR pilot project. Currently, rulings may be requested in 15 member states (Belgium, Cyprus, the United Kingdom, Estonia, Finland, France, the Netherlands, Latvia, Lithuania, Hungary, Malta, Portugal, Spain, Slovenia and Sweden).
Read moreThis connectivity by air is set to continue as China’s inland cities are undergoing a process that McKinsey & Company calls ‘city transformation’.
Read moreEconomic Growth Trends Growth forecasts for the new year indicate major variations within these economic groups:
Read moreThe Cross-Border Ruling (CBR) system intended to support preliminary decision making launched in June 2013 as a test case for 18-months under the framework of the EU VAT Forum was evaluated after one year.
Read moreAt its meeting held in Tokyo, Japan on 17-18 April 2014 and attended by the representatives of more than 100 countries and international organisations, the Organization for Economic Coordination and Development (OECD) discussed and approved the Guidelines on certain issues of the VAT treatment of international transactions.
Read moreTaxpayers will be able to meet registration, tax return filing and tax payment obligations efficiently through the One Stop Shop VAT system selectable from 2015 in which the relevant obligations can be fulfilled through one registration, filing only one tax return per period and making only one transfer.
Read moreFrom the coming year, the service providers providing telecommunication, broadcasting and electronic services (hereinafter: “TBE services”) to individuals will have to fulfil their VAT obligations in each member state in which the individuals using their services have their permanent address or place of stay, perhaps in each of the 28 member states of the EU. Registration, tax return filing and tax payment obligations can be fulfilled efficiently from 2015 in the One Stop Shop system taxpayers can choose to apply for this purpose. The main point of the One Stop Shop system is that the relevant obligations can be fulfilled through one registration, filing only one tax return per period and making only one transfer.
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