Tax & Legal Update
CJEU: Assessment of conditions for dividend exemption on subsidiary’s part
The Court of Justice of the EU ruled in a dispute (C-228/24) between a Lithuanian company and the tax authorities regarding the application of the abuse of rights concept under Directive 2011/96/EU on the taxation of parent companies and…
SAC confirms right to interest on wrongly assessed customs duties
In its recent judgment, the Supreme Administrative Court (SAC) has reconsidered its existing case law and granted a taxpayer the right to interest on wrongly assessed customs duty. The SAC emphasised that this right is guaranteed by EU law and that…
Subsidies for research and innovation infrastructure
The Ministry of Industry and Trade has announced a second call in the Infrastructure Services programme under the Operational Programme Technology and Applications for Competitiveness. The call is aimed at supporting the development of research and…
Travellers to US facing increased border controls
President Donald Trump's January executive orders signalled that US immigration policy and its approach to arriving foreigners will tighten. The practical consequences have not been long in coming. Travellers must prepare for more thorough checks on…
Increasing competitiveness of EU companies: faster depreciation and tax breaks
The European Commission has recently presented its Clean Industrial Deal, a new initiative aiming to boost competitiveness of EU businesses and promote decarbonisation. Under the initiative, a new state aid framework is to be established allowing EU…
Simplifying ESG rules: reporting and due diligence
The European Commission has presented the Omnibus I (ESG) and Omnibus II (investment) legislative packages, which aim to simplify ESG reporting rules and reduce the administrative burden for businesses. The initiative is part of a broader effort to…
Contest marketing and income tax: what to watch out for
When preparing marketing contests, it is important that organisers bear in mind possible tax implications. The taxation of winnings, VAT deductions, or the tax deductibility of costs – all these affect the financial efficiency of contest marketing.…
SAC: tax deductibility of advertising and promotion costs
Companies must be able to prove that their advertising and promotion costs were actually incurred in connection with generating, securing and maintaining taxable income. This basic rule for the tax deductibility of costs has yet again been confirmed…
Employers must disclose wages
The European Union has taken a major step towards closing the gender pay gap and strengthening equality in the workplace. EU Directive 2023/970, adopted on 24 April 2023, introduces revolutionary changes to pay transparency and the protection of…
European Union responds to US tariffs with retaliation
Last month, the US administration led by President Donald Trump imposed 25 percent tariffs on steel and aluminium imports from Europe. In response, the European Commission is imposing retaliatory tariffs on a wide range of US goods.
Introduction of digital systems for EU travel delayed
The European Union is working on the introduction of two new digital systems to track and record the travel of foreigners into the Schengen area: the Entry/Exit System (EES) and the European Travel Information and Authorisation System (ETIAS). These…