Press release
Polish CIT regulations from 2023
The bill amending the Polish CIT regulations for 2023 has been received by the lower chamber of Polish parliament on 25 August 2022.
ITR World Tax Leaders 2022: WTS Klient senior partner among the best
Tamás Gyányi, senior partner of WTS Klient, is again ranked as “Highly regarded” on the ITR World Tax Leaders 2022 list.
Rules on issuing invoices
What performance date must be written on the invoice and what exchange rate should be used for foreign-currency invoices according to the rules for issuing invoices?
Currency switch in Croatia
Nika Miloloža, local expert of WTS Global, has summarised the relevant information on currency switch in Croatia which could be useful for decision makers.
Reclaiming foreign VAT: important deadline approaching!
Don’t forget about the looming deadline of 30 September for reclaiming foreign VAT! Applications involving EU Member States must be submitted to the NAV.
Tax changes in the Czech Republic to support low-emission mobility
At the beginning of July, a new act came into force in the Czech Republic in order to promote low-emission mobility. The changes apply also for 2022.
Ekho reduction and further relief for those switching from low-tax scheme
The ekho reduction and other administrative relief announced on 9 August will provide a lifeline for those dropping out of the low-tax scheme in Hungary.
ITR EMEA Tax Awards 2022: WTS Klient in the running for three awards
WTS Klient is in the final in three categories of the ITR EMEA Tax Awards 2022.
Deferred tax
Deferred tax is the value of future tax impacts derived from the difference between the accounting and tax value of certain balance sheet items.
Amendments to the Romanian Fiscal Code from 2023
The latest changes to the Romanian Fiscal Code significantly tighten the conditions that must be met in order to be a micro-enterprise tax payer.
Allocating and using a development reserve
In recent years there have been several positive changes in Hungary to the method of reducing the corporate tax base by allocating a development reserve.
Changes to daily allowances and to labour law in Lithuania
On 1 July changes to daily allowances and other business travel expenses, as well as amendments to the Law on Employment, came into force in Lithuania.
Drastic changes in rules on low tax scheme
From September, those in the low tax scheme may not invoice companies, and companies may not be part of the low tax scheme.
Tightening transfer pricing rules, increasing fines in Hungary
As a result of Bill No. T/360 paving the way for Hungary’s central budget for the next year, domestic transfer pricing rules are to change significantly.
VAT changes in Slovenia in 2022
Some of the recent VAT changes in Slovenia expand the reverse charge system and abolish the VAT registration obligation for foreign entities.