The European Commission approved temporarily waive of customs duties and VAT on the import of masks and protective equipment, testing kits and medical devices such as ventilators from the third countries.
OECD, European Commission as well as respective states continuously provide new information how to deal with tax and social security issues arising due to COVID-19 restrictions. A common attitude is that temporary changes due to the pandemic…
ECOFIN has adopted again a revised EU blacklist of non-cooperative jurisdictions for tax purposes. The EU Finance Ministers agreed to add four new jurisdictions to the list: Cayman Islands, Palau, Panama and Seychelles.
On 20 December 2019, the European Commission released final version of the Explanatory Notes on the VAT “Quick Fixes”, which were to be implemented by the EU Member States as of 1 January 2020.
From January 2020, employers, who employ Austrian tax residents will be required to register for Austrian taxes and withhold Austrian wage tax from their salaries. The new legislation could have an impact on Slovak companies employing persons living…
The EU list of non-cooperative jurisdictions for tax purposes was updated. The current list contains eight jurisdictions.
The OECD Multilateral Instrument (MLI), which after ratification by the contractual parties modifies bilateral tax treaties concluded to eliminate double taxation, has already affected 10 double taxation avoidance treaties applied by Slovakia. The…
