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Changes in Personal Income Tax as of 2013


As of the new year the taxpayers face changes regarding tax deduction on children, tax deduction on Internet usage and application of tax deductible expenses of 50% by creators. Those changes are stipulated in the

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New principles for settlement of income tax for December


Entrepreneurs whose tax year is the same as the calendar year will settle personal income tax or corporate income tax for December 2012 according to the new principles.


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Team-building events for employees and personal income tax

At the end of the year many employers organise team-building events for employees. We want to remind that the issue regarding determination of employee’s revenue on account of participation therein is
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