The European Commission has published a proposal for a Council Implementing Decision which will authorize the Slovak Republic from 1 July 2025 to limit the right for input VAT deduction on motor vehicles and motorcycles to 50 %.
Last month’s tax and legal news in brief.
The deadline for filing the income tax returns with extended deadline by three months and paying the respective tax is June 30, 2025.
The German Federal Tax Court has ruled that interest must be paid on withheld dividend withholding tax if it is unjustly retained.
Foreign investment funds can reclaim withholding tax paid in Poland - up to 5 years retroactively. The European Court of Justice ruled that Polish law favored only externally managed funds, thereby violating the principle of free movement of capital…
The new regulation in Germany expands the list of income subject to corporate income tax, which will affect investment funds with shares in companies with real estate assets.
Last month’s tax and legal news in brief.
The Court of Justice of the European Union (CJEU) recently ruled in favor of a Polish law that exempts railway infrastructure from property tax, confirming its compliance with EU rules.
Cyprus is combating tax evasion and low-tax jurisdictions. The new legislation introduces stricter rules, including higher withholding taxes on dividends and restrictions on tax deductions.
Electronic signatures have become an integral part of digital communication and transactions. In practice, they are utilized for different types of documents and contracts, with each type of electronic signature offering its own specific features…
Last month’s tax and legal news in brief.
The European Commission recently unveiled its strategy for the "Savings and Investments Union," aimed at increasing citizens' wealth and enhancing the economic competitiveness of the European Union.