Following the summer holidays we would like to introduce you the new issue of our tax newsletter. In the initial article we introduce you to the most important proposed changes in the area of income tax that should come into effect from 1 January 2023. In the next article we show you on concrete examples what the deadline is for assessment of the income tax in the context of the possibilities when the tax loss is carried back.
We summarised for you the recent statement from the General Financial Directorate on the application of VAT for lease back, the incorrect qualification of which can have serious consequences for both the leasing company and the lessor.
And an equally interesting article we recap the recently amended answers of the Financial Administration on the questions of reporting cross-border arrangements pursuant to the DAC 6 Directive.
And in this issue, we will also introduce you to the main amendments that ensue from the expansive amendment to the Excise Tax Act and we also mention the new amendment from 1 July that changes the amount of the income of employees that will be provided with a vehicle for business and private purposes by their employer.
I trust that our articles will be helpful and thought-provoking and I wish you a pleasant read.