One of the changes brought on by the Hungarian tax law amendments announced at the end of November 2023 is that previously acquired shares not notified to the tax authority can now...

On 12 March 2023 a new corporate tax law on tax amnesty and tax debt restructuring, Law No. 7440 has entered into force in Turkey. In accordance with the new corporate tax law, Tu...

As we have reported earlier, in the summer of 2021 the Polish Government published a package of legislative proposals to make important amendments to various tax laws, including Po...

As we pointed out in our most recent WTS Klient Newsflash, as a result of Bill No. T/360 paving the way for Hungary’s central budget for 2023 submitted to the Hungarian National ...

The Czech Supreme Administrative Court has recently made two important decisions regarding the definition of related parties in the Czech Republic. Accordingly, the tax authority h...

The time has come again to prepare financial statements, annual corporate tax returns and local business tax returns. For many companies belonging to a multinational group, this me...

The system of personal income tax base allowances has changed a lot in Hungary in the past few years. In our article below we will describe what types of tax base allowance an empl...

Decrease in the income tax rate and simplified calculation of the income tax base are two of the key amendments to the Slovakian Income Tax Act effective since 1 January 2020. The ...

The majority of businesses have most probably already encountered a situation where one of their customers could not pay, therefore their receivable turned into an irrecoverable de...