Tax and legal news

Based on the amendment to the Income Tax Act, from 2018 employees will be able to make their declarations for the purposes of tax on dependent activities in written and electronic forms.

It is obvious that the financial administration makes much efforts to increase the collection of taxes with the help of existing instruments for tax collection of both existing or potential tax arrears. Part of the motivation is to use instruments for preventing tax avoidance, including extending the possibilities of the guarantee mechanism.

Since 2014, the method actually used in real life is the following: if the tax base for the real estate transfer tax is the agreed price, it is understood that it is the agreed price inclusive of VAT.

In the recent case no. C-386/16 Toridas, the Court of Justice again describes in detail the rules for claiming VAT exemptions for the intra-Community supply of goods.

Information about the risks of guaranteeing for VAT, information about a research and development project, and information about the application of VAT regarding members of an association

In August, we informed you about a judgement released by the Supreme Administrative Court (SAC) which has decided that, if the tax base for the real estate transfer tax is the agreed price, it is understood that it is the agreed price exclusive of VAT (if applicable), even though the explanatory memorandum to the respective act states that the agreed price means the total price inclusive of VAT.