Directive 2018/822/EU: impact on financial institutions (1/42/19)

18.10.2019
Open article
We have written earlier that the EU directive known as DAC6 effective from 2018 requires intermediaries or the taxpayers to notify tax authorities of any cross-border arrangement likely to be considered aggressive, i.e. if it passes the main benefit test and has one or more of the hallmarks listed by DAC6. Read more..
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New service: business income account (2/42/19) (0)

18.10.2019

Draft

The Ministry of Finance, the State Revenue Service (SRS) and commercial banks are planning to launch a business income account (BIA) as a new service for taxpayers, according to a report posted on the SRS website. Read more..

Employer’s disclosure of contributions to private pension funds: tax ruling (3/42/19) (0)

18.10.2019

Practice

In July 2019, the State Revenue Service (SRS) published a binding ruling that explains how to correctly disclose information in employer statements where an employer’s contributions to private pension funds for a worker come from the employer’s money and where they come from the worker’s money through the employer. Read more..

Changing over to paperless accounting (2/41/19) (0)

11.10.2019

Practice

In the age of digital economy, the business community needs to keep abreast of industry trends. In accounting, the trend is towards a paperless future, but this raises some questions. How do we go about this? What tools do we need? What legislation must we comply with? Read more..

Bullying in workplace: statute and case law (3/41/19) (0)

11.10.2019

Practice

Last week we wrote about emotional or psychological bullying against a worker. This article explores the legislation and recent case law dealing with emotional bullying. Read more..

Intragroup loan: tax authority’s ruling confirms cases where retained earnings do not need reducing (2/40/19) (0)

04.10.2019

Practice

After the corporate income tax (CIT) reform, loans to related parties may be taxable, raising the question of whether a loan can be made with no CIT implications. This article looks at a new ruling published by the State Revenue Service (SRS) explaining how to apply statutory exclusions. Read more..

 

 
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