Taxes

Dealing with the biggest pain of VAT inspections

For a long time, during VAT inspections, honest businesses have mostly feared failing to prove the receipt of supplies from an uncontactable supplier or their supplier’s involvement in VAT fraud without the recipient’s knowledge. A recent Supreme…

OP EIC - changes in the second call

An up-to-date timetable of calls for applications under the Enterprise and Innovations for Competitiveness Operational Programme (OP EIC) was disclosed on 21 September 2016. Below we summarise some of the changes made to the original timetable.

Second call for the TRIO programme

In early October, the Ministry of Industry and Trade announced a second call for participation in the TRIO programme, designed to support projects focusing on industrial research and experimental development relating to key technologies. Companies…

EU harmonisation of voucher taxation

A new EU directive regulating vouchers was adopted in June. It aims to harmonise rules for the application of VAT on transactions with vouchers in the EU and eliminate the double taxation or non-taxation of these transactions. The new rules will be…