Tax & Legal Update
SAC sides with taxpayer in appeal against VAT registration decision
In its recent ruling, the Supreme Administrative Court (SAC) stated that if an entrepreneur is unsure whether they meet the conditions for VAT registration, they may file an application for registration as a precautionary measure, pay the tax, and…
Back to drinking after Dry February? Definitely not at work
Dry February is over, but not at work. There, abstinence continues regardless of the calendar – and it is not a voluntary challenge, but a rule laid down by law. What are the implications for employees and employers?
SAC: new judgments on substantive and temporal connection
In recent months, the Supreme Administrative Court (SAC) has issued several noteworthy rulings, all of which underline the importance of establishing a clear substantive and temporal connection between claimed expenses and the relevant taxable…
AIFMD II tightens rules for outsourcing. Standard funds will also feel impact
AIFMD II changes the rules for outsourcing and extends supervision over it, affecting not only the managers of qualifying investor funds and special funds but also the managers of standard funds. The amendment to the Act on Investment Companies and…
GFD’s Information on VAT on immovable assets – Part II
Rules for applying VAT on renovation work, tax rates applicable to housing, and changes in the optional application of VAT on the supply of immovable assets: these are the topics of Part II of our article about the General Financial Directorate’s…
Digital Omnibus and AI: simplification and postponement of AI rules
The European Commission has disclosed a digital package (known as the Digital Omnibus) that brings together a set of proposals for technical amendments to existing legislation, particularly in the digital field. It includes a proposal for a…
EU General Court on right to deduct VAT one month earlier fundamentally changes…
The EU General Court has issued an important decision (T 689/24) on VAT deduction, which has a fundamental impact on the practice of taxable entities and the creation of national legislation. The court addressed the question of whether it is…
EET 2.0 and other proposals by Ministry of Finance
The Ministry of Finance has disclosed a draft legislative package that includes the reintroduction of electronic sales reporting (EET) and other changes in personal income taxation, family support, and the digitisation of tax administration.
Overview of current subsidy programmes
We provide an overview of currently open subsidy programmes, primarily focusing on selected programmes and calls under the Operational Programme Technology and Applications for Competitiveness, the Transport Programme 2021-2027, and the…
Ministry of Finance responds to update of OECD Model Tax Convention
In November of last year, the OECD released an update to the Model Tax Convention on the avoidance of double taxation, including revisions to the accompanying Commentary. Among the changes is a substantially revised interpretation concerning the…