Insights

Instructions for execution of tasks in Electronic Declaration System

1 February 2018 | 

How to approve documents prepared by your accountants using you internet bank authorisation data, how to submit applications, grant EDS rights, and other actions in EDS.

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Taxes on the Board Members’ alleged income

1 February 2018 | 

A company has to pay payroll tax from minimal salary in a month when both of the following conditions applies: the company does not have any employees who receive at least minimal salary; the company has monthly sales exceeding 5 minimal salaries. For 2018, the minimal salary is EUR 430 a month, therefore monthly sales

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Starting from 2018, CIT is paid not annually but at profit distribution

1 February 2018 | 

At the moment, and until the end of 2017, companies pay Corporate Income Tax (CIT) in the amount of 15% every year when they have taxable profits. As a part of Tax Reform, from 2018 CIT is payable at profit distribution. This means companies do not have to pay CIT every year when they have

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Check your loans to related parties

1 February 2018 | 

From 1 January 2018, signficant changes in Corporate Income Tax (CIT) law come into force. The changes are a part of changes taxation principles that affect several taxes referred to as “Tax Reform”. According to the new CIT law loans issued to related parties may be treated as conditional profit distribution and taxed at the

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Useful links

20 January 2018 | 

Salespeople European VAT Number validation Data from Enterprise Register Accountants Electronic Declaration System European VAT Number validation

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