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Tax Alert – January 5th, 2022

Tax Alert – January 5th, 2022

Esteemed Partners, we invite you to access the most recent Tax Alert prepared by the ECOVIS Romania team, with the main focus on the following: • Law no. 322/2021 for the completion of Law no. 227/2015 on the Fiscal Code; • Emergency Ordinance no. 130/2021 regarding some fiscal-budgetary measures, the extension of some terms, as

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Tax Alert – October 7th, 2021

Tax Alert – October 7th, 2021

Esteemed Partners, We invite you to access the most recent Tax Alert prepared by the ECOVIS Romania team, with the main focus on the following: Modification of the minimum gross salary at the national level guaranteed for payment; Time off granted for parents; Technical unemployment allowance; Amendments to the Labour Code; Modification of the value

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From ECOVIS Network: UK Beyond Brexit – VAT & Customs

From ECOVIS Network: UK Beyond Brexit – VAT & Customs

From our colleagues at ECOVIS Wingrave Yeats in London, here is the newest info regarding the changes in the trade between UK and EU from 2021. The full material can be accessed here: Beyond-Brexit_update1-2021_UK-VAT-&-customs

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Tax Alert – 07.01.2021

Tax Alert – 07.01.2021

Esteemed Partners, We invite you to access the most recent Tax Alert prepared by the ECOVIS Romania team, with the main focus on the following:            The Law no. 296/2020 for the modification and addition of the Law no.  227/2015 regarding the Fiscal Code The Emergency Order no. 220/2020 regarding the practice

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Legal Info – December 11th, 2020

Legal Info – December 11th, 2020

We invite you to read the latest legal Info prepared by the ECOVIS Romania team. Summary:          Modifications of the ”Kurzarbeit” and the granting of a 2500 lei incentive for tele-work – The Law no. 282/2020 for the passing of the Cabinet Emergency Order no. 132/2020 regarding relief measures for the employees and the employers

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From Ecovis Network: UK Preparing for Brexit- Our Guide Shows What Companies Should Do

From Ecovis Network: UK Preparing for Brexit- Our Guide Shows What Companies Should Do

From 1 January 2021, new rules will apply for companies in the UK as a result of Brexit. To familiarise companies with these new rules, Ecovis UK has developed the business guide “Preparing for Brexit”. The guide covers specific information about changes that will impact all businesses – from importing/exporting goods and direct taxation, through

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From Ecovis Network: Latest Tax Regulations in Turkey

From Ecovis Network: Latest Tax Regulations in Turkey

Turkey is struggling with massive tax revenue shortfalls. The government has taken measures to stabilize the situation. So taxes on consumer goods are being increased and measures are being taken to present Turkey as an attractive market for the post-pandemic period. Turkey has faced serious economic problems over the last few years. These include depreciation

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From Ecovis Network: Non-Resident Aliens, Beware! Your US ITIN May be Set to Expire

From Ecovis Network: Non-Resident Aliens, Beware! Your US ITIN May be Set to Expire

Non-resident aliens in the United States benefit from tax breaks. To be able to submit a tax return, a federal Individual Taxpayer Identification Number (ITIN) is necessary. This ITIN could expire on 31 December 2020. What should those affected do now? Non-resident aliens, i.e. people whose (main) residence is not in the US and who

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From Ecovis Network: Greece – New Government Measures Against COVID-19 and its Consequences

From Ecovis Network: Greece – New Government Measures Against COVID-19 and its Consequences

On Saturday 7 November 2020, the Greek Government announced a three-week national lockdown after a sharp increase in the COVID-19 infection rate. Employment and tax measures have been implemented to cushion the financial impact on companies. Financial support of EUR 3.3 billion will be provided to workers and businesses affected by the special measures, which

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From Ecovis Network: Czech Real Estate Transfer Tax Abolished for Transfers Registered from 1 December 2019

From Ecovis Network: Czech Real Estate Transfer Tax Abolished for Transfers Registered from 1 December 2019

The Czech real estate transfer tax (RETT) was abolished in September 2020 to support Czech taxpayers as a response to the COVID-19 crisis. The abolition applies retrospectively to all real estate transfers registered since 1 December 2019. RETT that has already been paid can be reclaimed. RETT of four percent was applied on all real

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