As part of the implementation of the European Union's waste management directives, Hungary will also need to apply the rules of the ‘Extended Producer Responsibility’ (EPR) legislation as from 1 July 2023.
No Land Tax Can Be Levied From September 1, 2023
The amendment to the Local Taxes Act, which entered into force on 1 January 2015, allowed local governments to levy a municipal tax on any taxable subject within their jurisdiction that is not prohibited by law and is not subject to a statutory public tax.
More and More Tax Audits – It's Wise to Stay Vigilant
Already last year, it was noticeable that after several years of decline, the Hungarian Tax Authority conducts more and more tax audits. In 2022, the number of tax audits increased by 6.2% compared to the previous year. Experience shows that this trend is expected to continue even more strongly this year. The most commonly audited tax category remains VAT.
Cobalt Successful for Bauer in Tax Dispute with Latvian State Revenue Service
Cobalt has successfully represented Germany's Bauer Spezialtiefbau before the Administrative District Court in a dispute related to a VAT refund for the company against the State Revenue Service of Latvia.
Tomasz Hatylak, Sergiusz Kielian, and Dominika Mizielinska Lead Team in Move to Baker Tilly Legal Poland
Former Path Law Hatylak Kielian i Wspolnicy Partners Tomasz Hatylak, Sergiusz Kielian, and Dominika Mizielinska have joined Baker Tilly Legal Poland in September 2023 together with their 12-member team.
Tax Incentives on Reimbursement of Engaged Individuals
The Republic of Serbia applies different taxes to reimbursement payable to engaged individuals depending on their engagement type. Those engaged via employment agreement, are subject to salary tax and those engaged via service agreement are subject to tax on other income. Those engaged via temporary and periodical employment agreements are subject to either salary tax or tax on other income while those engaged on the basis of supplementary work are only subject to tax on other income.
Ilyashev & Partners Advises on Establishment of Terre des Hommes’ Ukrainian Branch
The Ilyashev & Partners law firm has assisted Italian non-governmental organization Fondazione Terre des Hommes Italia ONLUS in setting up its local branch in Ukraine, advising on corporate, tax, and employment matters.