Tax & Legal Update
Ukrainian employees in 2026: special long-term residence and new rules for…
Similar to last year, the government will invoke the application of Lex Ukraine and launch a process allowing temporary protection holders to register for special long-term residence. Furthermore, from 1 January 2026, new conditions for occupational…
GFD’s long-awaited information on application of VAT to immovable assets
The General Financial Directorate (GFD) has published information on the application of VAT to immovable assets from 1 July 2025. The methodology responds to last year's extensive amendment to the VAT Act and describes the key changes to the…
Pillar 2: latest OECD and EU developments
The OECD has issued a new package of measures (the Side-by-Side Package) containing five safe harbours that should simplify the global minimum tax rules. It is named after the safe harbour that will ensure the parallel functioning of the global…
CJEU: airlines must refund ticket prices including agent’s commission
Airlines’ options to avoid paying compensation to passengers are becoming even more limited. A recent CJEU ruling states that if a flight purchased through an agent authorised to sell tickets for a given airline is cancelled, passengers may claim a…
Supreme Court: bank transfer as evidence of debtor's consent to debt repayment by…
Under certain conditions, a third party may also settle (repay) a debt on a debtor’s behalf. The Supreme Court has dealt with the question of when a creditor may refuse such settlement. Refusal to accept repayment from a third party may have a…
CJEU’s advocate general on VAT treatment of transfer pricing adjustments
VAT implications of transfer pricing adjustments depend on what the adjustment concerns and how it is carried out, according to the opinion (C-603/24) of Advocate General of the CJEU, Juliane Kokott.
Ammunition has its own law. What should licensed companies not underestimate?
A new law on ammunition came into effect at the beginning of the year. In addition to the legal definition of ammunition, the new regulation introduces a number of changes in compliance, internal processes, security, and record keeping. Some of the…
GFD’s information on claiming VAT deductions
In connection with the amendment to the VAT Act, at the turn of the year the General Financial Directorate (GFD) issued its Information on Changes in Claiming VAT Deductions from 1 January 2025, which explains how to claim partial VAT deductions and…
EU General Court on application of simplification measure to triangular transaction…
The judgment of the General Court of the EU in the MS Ključarovci case (T-646/24) provides a more precise interpretation of the conditions for applying the simplification for triangular transactions under Article 141 of the VAT Directive. The…
Subsidies to purchase electric trucks
The State Environmental Fund has announced a call for proposals under the Modernisation Fund (ModF – TRANSCom No. 2/2025), in which road freight transport operators can obtain subsidies for the purchase of electric trucks. The call reflects the…