TaxNewsFlash - Central and Eastern Europe | KPMG | CEE

TaxNewsFlash - Central and Eastern Europe

Central and Eastern Europe

TaxNewsFlash - Central and Eastern Europe — KPMG's reports of tax developments in CEE


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TaxNewsFlash - Central and Eastern Europe

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March 2016

30 Mar - EU: Sanctions update, companies trading with Iran 

29 Mar - Albania: Tax law changes

29 Mar - Kosovo: Implementing guidance, corporate and individual income tax laws

28 Mar - Romania: VAT exemptions, new VAT form

28 Mar - Slovakia: “Excessive” VAT deduction rules

22 Mar - Serbia: Individual income tax returns for 2015, due 16 May

21 Mar - EU: AEO certificates, customs authorizations to be reassessed by authorities

18 Mar - Poland: Guidelines, FAQs on “standard audit file” and tax examinations

17 Mar - Czech Republic: Draft tax legislative proposals

17 Mar - EU: Customs treatment intra-EU air, sea services effective 1 May 2016

15 Mar - Latvia, Lithuania, Estonia: “Tax cards” for 2016

8 Mar - Poland: Next round of R&D grants

1 Mar - Poland: Implementing standard tax audit file, schedule

February 2016

29 Feb - Serbia: Withholding tax, service fees paid to non-residents

23 Feb - Hungary: Certain employer-provided cards, benefits incompatible with EU law

22 Feb - EU: Tax transparency agreement with Monaco

17 Feb - EU: Advance rulings on VAT, cross-border transactions

17 Feb - EU: Double taxation, dispute resolution mechanisms consultation

17 Feb - Poland: Tax on financial, lending institutions and insurance companies

16 Feb - EU: “First sale for export” repeal for customs valuation purposes

12 Feb - EU: Tax transparency agreement with Andorra

12 Feb - Hungary: Tax incentive for companies contributing to Olympic Games tender

11 Feb - Czech Republic: Amendment allows allocation of VAT reverse charge mechanism

5 Feb - EU: Free trade agreement with Vietnam

4 Feb - EU: VAT on supply of services

3 Feb - Bulgaria: Electronic registry

3 Feb - Serbia: Individual income tax; returns due 16 May

1 Feb - Serbia: Individual income tax changes for 2016

1 Feb - Serbia: Network of income tax treaties, 2016 update

January 2016

28 Jan - EU: New anti-tax avoidance package focused on corporations

22 Jan - Poland: Guidelines for “standard” tax audit file of large companies

21 Jan - EU: State aid decisions, taxation of ports in Netherlands, Belgium, France

19 Jan - Czech Republic: First VAT ledger statements due 25 February

19 Jan - EU: Iran sanctions relief

19 Jan - Serbia: Tax procedure, excise tax changes effective 2016

13 Jan - Poland: Chemical industry, grants for R&D projects

12 Jan - EU: Action plan for corporate tax, 2016

11 Jan -  EU: Initiatives on corporate tax avoidance, scheduled for 27 January

2015 Articles

December 2015

17 Dec - Bulgaria: Corporate, individual tax law changes, VAT changes enacted

17 Dec - EU: Draft “anti-BEPS” directive, addressing corporate tax planning and evasion

17 Dec - EU: Transitional rules pending new fully electronic customs environment

17 Dec - Hungary: CJEU addresses transfer to lower VAT-rate jurisdiction as tax-abusive

15 Dec - Croatia: New accounting law changes, effective in 2016

11 Dec - Serbia: Common transit procedure under EU customs agreements

10 Dec - Bulgaria: Excise tax, tax warehouse measures effective 2016

9 Dec - Czech Republic: Employment taxation year-end review

9 Dec - EU: Status of financial transaction tax (FTT), corporate tax proposals

2 Dec - Bulgaria: Excise tax; “energy used for heating” re-defined

2 Dec - EU: Recommendations for tax transparency, coordination adopted

1 Dec - EU: Country-by-country reporting, recommendations approved by EU Parliament

November 2015

30 Nov - EU: Customs code update; Iran sanctions and EU dual-use list 

30 Nov - Poland: Proposed tax on “large format” retailers

23 Nov - OECD: Treaty-related MAP statistics for 2014 reporting period

20 Nov - Poland: Tax audits, requirements for standard audit file

19 Nov - OECD: Frequently asked questions, CRS

17 Nov - OECD: G20 leaders endorse BEPS, automatic exchange of information projects

12 Nov - Czech Republic: Economic substance of reorganization examined; related interest deductions

12 Nov - Poland: Draft VAT legislative amendments

11 Nov - EU: Update on Iran sanctions, dual-use list for export controls

7 Nov - Bulgaria: VAT and “mixed use” assets; business and private use

7 Nov - OECD: BEPS-related meetings

7 Nov - OECD: International standard, guidelines for VAT on cross-border sales

4 Nov - EU: Customs reciprocal benefits with China, effective November 2015

4 Nov - Croatia: Reduced rate of interest on related-party loans, deductible interest

4 Nov - Romania: Waiver of late-payment penalties, interest

October 2015

30 Oct - EU: Customs 2016 “common nomenclature”

29 Oct - EU: Revised status; Hong Kong as non-cooperative tax jurisdiction

28 Oct - Croatia: Accounting law changes, for business taxpayers in 2016

27 Oct - Poland: Tax relief, grants available for R&D activities 

23 Oct - EU: Customs value update; “first sale” implications

23 Oct - Poland: Dividends between related companies; duties of tax offices

20 Oct - Hungary: Proposed tax legislative amendments

16 Oct - Czech Republic: Electronic reporting of sales postponed indefinitely

14 Oct - Serbia: Non-taxable per diem amount, foreign business travel

13 Oct - Poland: Innovation incentives under corporate income tax

12 Oct - EU: Listing third countries, corporate “tax avoidance” identified

12 Oct - Serbia: VAT revisions effective 15 October

8 Oct - EU: New proposal for Common Consolidated Corporate Tax Base (CCCTB)

7 Oct - Hungary: LLC capital requirements, accounting and tax implications

6 Oct - EU: Automatic exchange of information, cross-border tax rulings and APAs

5 Oct - OECD: BEPS final recommendations text

September 2015

30 Sep - EU: Capital markets action plan; cross-border tax barriers

28 Sep - EU: Report on tax reform

28 Sep - Poland: Grants for R&D activities

25 Sep - Czech Republic: Government’s income tax plan; filing VAT ledger statements

25 Sep - EU: VAT and cross-border e-commerce

25 Sep - OECD: BEPS final reports expected 5 October

24 Sep - EU: Trade and customs update

23 Sep - Serbia: VAT law changes pending consideration

21 Sep - EU: Customs transaction value, sunset clause

August 2015

31 Aug - EU: Public consultation, excise tax and alcoholic beverages

20 Aug - Czech Republic: Industrial zones, VAT guidance

12 Aug - Bulgaria: Income tax treaty with UK

11 Aug - OECD: Tax collection, tax trends in 56 tax administrations

10 Aug - OECD: CRS Implementation handbook

7 Aug - Serbia: Electricity is subject to excise tax


July 2015

28 Jul - EU: Update on new customs code

24 Jul - Bulgaria: Real estate sales price based on tax valuation

20 Jul - EU: Update on transatlantic trade partnership, other trade items

16 Jul - Czech Republic: Proposed electronic reporting of sales


June 2015

17 Jun - EU: Plan to curb corporate tax avoidance

16 Jun - Romania: FATCA intergovernmental agreement

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