Bulgaria: Invoicing during the COVID-19 outbreak
7 April 2020 – The COVID-19 outbreak and state of emergency announced in Bulgaria by the National Assembly on 13 March 2020 put most companies in a complex financial situation without warning. While the Bulgarian government has proposed several measures...
Czech government proposes a seven percent digital services tax
February 2020 – In an attempt to correct an imbalance in taxation caused by the rise of digital services, the Czech government has come up with a proposal for an indirect digital services tax, targeting Internet giants’ profits from user-based online...
In Slovakia, 2017 brings new tax legislation
January 2017 – The Slovak Government and Parliament made several changes to the tax system with effect from 1 January 2017. The recently adopted amendments concern – among others – corporate and personal income tax, value added tax, special levy...
Hungarian Insurance Premium Tax
October 2012 – Effective from 1 January 2013, Hungary will impose tax on insurance premiums. The new insurance premium tax (IPT) regime will have extraterritorial effect, taxing insurance premiums collected by non-Hungarian insurance companies...
A new bank levy in Slovakia?
August 2011 – Following the EU-wide initiatives for the introduction of special levies and taxes on financial institutions, the Slovak draft “Act on Special Levy for Selected Financial Institutions” aims to introduce a levy on the banks and...
Taxes in Slovakia – Four Questions for the Government
September 2010 – The general elections in June 2010 resulted in a change of government and the ruling coalition in Slovakia. Several new ministers (including the Minister of Finance responsible for tax policy) were members of the government during the...
