Are you ready for tax audit focused on transfer pricing?
Tax deductibility of the services provided by the group is often subject to review by Tax Authorities. Do you know which steps should not be underestimated so that a possible tax audit does not surprise you?
The most important changes brought by the new judicial map
On 1 June 2023, the so-called reform of the "judicial map" will come into force, the primary objective of which, according to its authors, is to achieve faster and better-quality decision-making. The reform will lead to the abolition of several…
What changes with the new Guidelines on the content of the transfer pricing documentation?
The new Guidelines came with several changes. The most significant of them relate to the new definition of significant controlled transaction, the criteria for determining the scope of the taxpayer's documentation obligation, as well as the…
Changes introduced by the amendment to the Income Tax Act from 2023 and 2024 from corporate income tax point of view
On 6 December 2022, the National Council of the Slovak Republic approved amendment to Act No. 595/2003 Coll. on Income Tax as amended (“Income Tax Act”), which brings several changes especially in area of transfer pricing and efforts against…
Overview of the 10 most important changes to the Labour Code in 2022
Act No. 311/2001 Coll., the Labour Code ("Labour Code"), as the basic labour law regulation, was amended up to six times in 2022. The adopted amendments reflect the transposition of European directives or the need to solve application problems…
What brings the amendment to the Labour Code effective from 1 November 2022?
The amendment to the Labour Code introduces several new novelties in response to the European directives on transparent and predictable working conditions. We bring you a summary of the most important changes.
Public consultation on BEFIT, a new framework for EU corporate taxation
The European Commission announced in its communication Business Taxation for the 21st Century a proposal for a new framework for income taxation for businesses. This new proposal is known as Business in Europe: Framework for Income Taxation (BEFIT).
Proposed changes to the Income Tax Act
At the September’s meeting of the National Council of the Slovak Republic, the amendment to the Income Tax Act and the Tax Code was discussed in the first reading. It brings several significant changes, especially in the area of transfer pricing. A…
Changes brought by the new Building act
The Construction Act and the Spatial Planning Act, which were approved almost five decades after the adoption of the original legislation, will enter into force in 2024. The aim of the new legislation is to eliminate the shortcomings of existing…
Expected changes to the Labour Code related with transposition of EU Directives from 1 August 2022
Here you will find a brief overview of the newly adopted provisions of the Directives of the European Parliament and of the Council (EU) in the field of labour law.
Amendment to the Commercial Code will bring changes regarding the transfer of majority shareholding
The law amendment especially regulates the moment when the transfer of a majority shareholding in a limited liability company takes effect.
Transfer pricing in a rapidly changing environment
The current economic development has a significant impact on the functioning of many companies. The main topic of recent months is a high inflation. However, there are several other factors that affect companies' transfer pricing policies.