The Croatian Government presented number of measures to help the economy with the crisis resulting from the COVID-19 epidemic and proposed amendments to relevant laws in order to create legal framework for the intended measures. Some of them were already adopted in the parliament today.
Over the last years, I have seen that challenges and demands faced by tax and finance departments have been growing rapidly. On the one hand, international developments mean that domestic and foreign authorities require more transparency on financial and tax-relevant data. Read More »
The President of Ukraine signed Law No 5083-VI which introduces a number of amendments to the Tax Code including a provision under which large taxpayers reporting losses will not be entitled to an automatic VAT refund. The change is effective as of 12 August 2012. The automatic VAT refund is not available for large taxpayers reporting tax losses as a result of activities in 2011. Read More »