Tax and legal news

The case concerned a taxpayer that had claimed on its income tax return the cost of consultancy services from its parent company, consisting mainly of management, advisory services, dealings and reporting.

According to the amendment to Road Tax Act, the road tax for passenger cars and buses was abolished and a tax advantage was introduced for the use of low-emission vehicles.

A new tax on unexpected profit should become effective on 1 January 2023. The third reading of the relevant parliamentary bill – which includes voting on individual amendments – was held on Friday 4 November 2022.

An amendment proposes the extension from 1 January 203 of the extraordinary depreciation regime relating to tangible assets of the first and second depreciation groups.

Together with restrictions on school attendance during the 2020-21 pandemic, practical workplace training of future employees was also restricted.