Press release
BIREG system besides EKAER from 1 January?
Hauliers and passenger transport operators face new reporting obligations from BIREG system launch on 1 January. Failure to meet them can lead to hefty fines.
Amending law in Poland extends PIT- and CIT-related deadlines
The Amending Law adopted on 25 February introduces a number of changes relating to PIT and CIT in Poland, and aims to mitigate the effects of the pandemic.
New rules on business purpose in Ukraine
Business purpose test has been introduced in May 2020 in Ukraine. The rules were amended later by Law 1117-IX, with effect from 1 January 2021.
One-stop shop systems in international e-commerce
From 1 July 2021, the regulation of international e-commerce will be significantly different. Among others, the application of one-stop shop systems will be extended.
Personal income tax base allowances in Hungary in 2021
What kind of personal income tax base allowances can be claimed in Hungary in 2021? In what amount and in what order can these be used?
Remote work in Austria in the COVID-19 pandemic
Home office or remote work in Austria can have different tax and social security implications depending on whether it is restricted to the pandemic or not.
France’s largest business law firm joins WTS Global
In January 2021, the largest French business law firm Fidal joined WTS Global as the newest member of the leading global tax practice.
Credit insurance and factoring, two ways to manage customer risk
In the context of customer risk management, credit insurance manages the risk of non-payment, while factoring can improve your liquidity position too.
Amendments to the Fiscal Code of Romania
The latest changes to the Fiscal Code of Romania introduce the CIT fiscal consolidation and clarify the CIT exemption for reinvested profit among others.
2021 tax package for the Czech Republic
The 2021 tax package for the Czech Republic includes the cancellation of super-gross wage and the increase of basic relief for taxpayers among others.
Wage support in RDI sector to retain and create jobs
Wage support can again be claimed for creating research and development jobs during the state of emergency in the RDI sector.
UPDATED! One story ends, another begins: the tax consequences of Brexit
The United Kingdom exited the EU definitively as of 1 January 2021. In our article we have compiled the most important tax consequences of Brexit.
Reduction of local business tax for SMEs and changes to the Invoicing decree
In our latest WTS Klient Newsflash we report on the reduction of local business tax for small and medium-sized enterprises and the new rules on invoicing.
New EKAER decree from 1 January
The new EKAER decree creates a new framework for the EKAER reporting rules and significantly reduces the number of transactions requiring reporting from 2021.
CbCR regulations in Turkey
According to the latest CbCR regulations in Turkey, CbCR is applicable for Turkish-resident ultimate parent companies of MNCs with a EUR 750 million threshold.
