Financial equivalents from the employer for using private equipment exempt from PIT
2016-09-01
Interpretation of the Personal Income Tax Act provisions, favourable for taxpayers, that financial equivalents for private equipment used by the employee for performing work are exempt from personal income tax, has been recently confirmed.
Changed principles for determination of income from taking up shares in exchange for an in-kind contribution
2016-09-02
As of 1 January 2017 we will see a change in the principles for determination of income from taking up shares in capital companies and a limited joint-stock partnership in exchange for an in-kind contribution.
read more
Payments for intangible services for non-residents and withholding tax
2016-09-05
Supreme Administrative Court (SAC) in the judgement of 05 July confirmed what is to be understood under the term of services of a similar (to advisory, accounting services, etc.) nature for the purpose of determining the obligation of deducting a withholding tax from payments made to non-residents on this account.