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The new draft Tax Ordinance is already known

2018-08-03

Not 344 like so far, but 728! This is the number of articles in the new Tax Ordinance, according to the draft that was recently published on webpages of Government Legislation Centre. As it was highlighted in the justification, the Act applicable since 1997 does not comply any more with the requirements set for such legal acts, which is why it should be changed.

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Changes in leases as of 2019 – IFRS 16

2018-08-01

IFRS 16, new regulations of the International Financial Reporting Standards for leases, will become effective as of January 2019. Consequently, operating leases will be no longer recognised off-balance-sheet by lessees applying IAS/IFRS.

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