Press releases worldwide
Foreign companies can now take advantage of new tax incentives in Finland. The tax breaks can reduce the cost of joint research and development projects by 150%. In addition, tax-free shares will encourage employee commitment and new e-identification and e-authorisations […]
The special rules for “inpatriates” (expatriates transferring to Italy for working reasons) have been changed in the Italian Budget Act 2021. Income taxation is made easier when taxpayers relocate and commit to live and work in Italy for at least […]
A look at foreign countries’ practice shows that under the General Data Protection Regulation (GDPR), companies are generally subject to fines for failing to implement inadequate security measures which then lead to the leaking of personal data. Also, data subjects […]
Under German commercial and company law, shareholder loans are not regulated separately. Only in the event of a company’s insolvency are these loans subordinated by law to those of other creditors. However, a shareholder loan is still given priority over […]
The process of PPP in Ukraine is currently regulated by a number of acts and various bylaws. Nevertheless, there are some difficulties in performing PPP projects related to the budget process in Ukraine. At the moment, the state authorities are […]
A new National Security and Investment law is about to become law in the UK. It will have a significant impact on any acquisition of a business which is active in, or supplies goods or services into, the UK. It […]
New VAT rules for the distance sale of goods will apply from July 2021 with the implementation of the EU VAT e-commerce package. The changes include the expansion of the One-Stop-Shop solution (OSS), the harmonisation of threshold values and the […]
Legislative work on this issue has picked up speed and the draft amendment to the Commercial Company Code was recently published. The groups of companies affected by the reform are listed there. The New Holding Regulations Under the proposed amendments, […]
The Italian Government has launched a 110 percent tax break. The “Relaunch Decree” increased the rate for the deduction of expenses for energy measures such as building insulation, earthquake protection or the installation of photovoltaic systems. These measures are known […]
From 4 January 2021, the rules on the obligation to report invoices have changed in Hungary. All invoices, including correction and cancellation invoices, must be provided to the Hungarian tax authority directly from the invoicing system, online in real time. […]