Category Archives: Steuern CEE

Short News Czech Republic Reverse-charge regime extended to supply of goods

The Czech VAT Act was amended as of 29 July 2016 with the introduction of the reverse-charge mechanism for certain supplies of goods. Additionally to the supply of services, the supply of goods to a taxpayer by a person, who is not established in the Czech Republic and not registered as VAT payer is subject to the reverse charge mechanism.

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Hungary: A brief selection of proposed 2016 amendments

The Hungarian government proposed several tax amendments for the year 2016. The proposal is currently awaiting acceptance by the Hungarian Parliament. Below we have summarized selected changes. Further, the increase of the minimum share capital of limited liability companies will become effective in 2016.

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Poland: Real estate tax amendments

The Polish Ministry of Finance intends to modify the Polish Act on local taxes and charges with regard to definitions of a building and a construction. The planned amendments may significantly change real estate taxation principles in Poland, however the legislative process is currently on the initial stage and the final wording of the amendments cannot be determined. Continue reading Poland: Real estate tax amendments

Ungarn: neue Regelungen für Verlustverwertung ab 2015

Gemäß bisherigem ungarischem Körperschaftsteuerecht konnten Verluste aus Vorjahren maximal iHv 50% mit laufenden Gewinnen verrechnet werden. In der Vergangenheit gab es – wie auch gegenwärtig in Österreich – keine zeitliche Begrenzung der Vortragsfähigkeit von Vorjahresverlusten. Es konnten daher alle Verluste, die in den vergangenen Jahren entstanden sind und noch nicht verwerten werden konnten, vorgetragen werden. Continue reading Ungarn: neue Regelungen für Verlustverwertung ab 2015

Albanien: Neue Verrechnungspreisbestimmungen

Im Juni 2014 wurde das albanische Einkommensteuergesetz um neue Verrechnungspreisbestimmungen erweitert. Davor war im Einkommensteuergesetz nur ein kurzer Paragraph mit der Überschrift „Verrechnungspreise“ enthalten, welcher der Finanzverwaltung ansatzweise das Recht einräumte, die zwischen abhängigen Parteien verhandelten Preise, nach Maßgabe des „Fremdvergleichsprinzips“ neu festzulegen. Aufgrund ihres zu allgemeinen Charakters fand diese Bestimmung in der Praxis kaum Anwendung. Continue reading Albanien: Neue Verrechnungspreisbestimmungen

Poland: Introduction of CFC Regulations

On 17 September 2014 the bill on the amendment of the corporate income tax act was signed by the President of the Republic of Poland and was promulgated on 3 October 2014. The bill includes in particular changes specifically designed to tax the income generated by controlled foreign corporations (CFC) at the level of the Polish taxpayer owning the foreign subsidiary. Continue reading Poland: Introduction of CFC Regulations

Poland – compulsory electronic tax filing starting 2015

The Polish Ministry of Finance has published a draft law amending the Personal Income Tax Act and some other laws. The new rules are also intended for the corporate income tax payers. The new law should come into effect from 1 January 2015, subject to final government discussions this September. The draft law provides that effective from the beginning of next year, taxpayers will have to use electronic communication for most of their tax filings, including submission of tax returns and other information. Continue reading Poland – compulsory electronic tax filing starting 2015

Czech Republic: Tax Update 2014

The year 2014 brings some important tax news for the Czech Republic: employees, who have for many years been used to that their tax matters are being handled by their employer on their behalf, might face an unpleasant surprise this year. Moreover, companies benefiting from a withholding tax exemption for license fees or interest payments between related companies based on a decision of the Czech tax administrator issued more than three taxation periods ago will have to request prolongation in 2014. Continue reading Czech Republic: Tax Update 2014