Tag Archives: Körperschaftsteuer

Czech Republic: Government gives green light to tax reforms

The Czech government recently approved a proposal for making significant tax, social security and health insurance reforms. The objective of the reforms is to simplify the tax system (primarily in direct taxation) and to create conditions for establishing the Single Collection Point (a concept where the responsibility for collecting social security and public health insurance payments will pass from the existing institutions, ie social security authorities and health insurers, to tax administration bodies). The key changes listed below are proposed to be effective from 1 January 2013. Continue reading Czech Republic: Government gives green light to tax reforms

Estonia: 2011 brings several changes for tax payers

The tax year 2011 brings several changes for Estonian tax payers. Firstly, the Euro was adopted as official currency. Secondly, new rules for employee stock options have been introduced. Thirdly, the definition of related persons has been expanded. Fourthly, the investment account concept has been introduced for individuals. Finally, changes to the VAT act were made. Continue reading Estonia: 2011 brings several changes for tax payers