Press release
Merger at WTS Klient
The Klient group will continue operating as a single company under the name of WTS Klient Business Advisory Ltd. from January.
From SLIM VAT 1 to SLIM VAT 3
The latest package of measures to simplify VAT compliance processes in Poland, called SLIM VAT 3 should come into force on 1 April 2023.
Renting out real estate and creating a permanent establishment
What taxes must a foreign company pay and in which country when renting out real estate in Hungary? Is a permanent establishment created?
IT projects based on MS Access
What is Excel good for, and where does it come up short? When can MS Access be useful? When do you realise that Access is no longer enough?
Amendment to the VAT Act of Slovakia
At the end of August 2022, an amendment to the VAT Act of Slovakia has been adopted by the Parliament. The changes enter into force on 1 January 2023.
Duty liability on real estate transactions
What has changed in recent years, and what can we expect next year in Hungary with regard to the duty liability on real estate transactions?
Amendment to the Czech ARBO
The amendment to ARBO, i.e. the Act on Register of Beneficial Owners has entered into force on 1 October 2022 in the Czech Republic.
Digital transition: a long journey
In this article, drawing on our experiences we elaborate on the challenges of the digital transition, including the issues arising and the options you can choose from.
Acquisition of a Serbian IT company
How to buy a Serbian IT company? Why is it worth investing in Serbia? What tax incentives are available for IT firms? How to target the right company?
Tax amendments for 2023 in Hungary
In our latest WTS Klient Newsflash we have summarised the key points of the tax amendments for 2023 that are important for corporate decision makers.
Hungarian-American tax treaty to be terminated
What lies behind the termination of the Hungarian-American tax treaty? Who will be affected by the termination? Will it really be terminated?
Tax relief for consumer energy products in Bulgaria
The tax measures included in the Law Amending and Supplementing the 2022 Budget Law aim to reduce the prices of the consumer energy products in Bulgaria.
The energy crisis and the Hungarian tax regime
Can the Hungarian tax reform provide answers for the challenges of the energy crisis? What can the government, the central bank and companies do?
Amendments to the Income Tax Act of Slovakia from 2023
At the end of August, the Income Tax Act of Slovakia has been significantly changed. Most of the changes will take effect on 1 January 2023.
VAT on new residential properties: 5% VAT rate extended for another two years
A July government decree extends the applicability of the 5% VAT rate in Hungary on the sale of new residential properties by two years, until 31 December 2024.