Preventive restructuring – a rescue for entrepreneurs in difficulties Entrepreneurs will soon have a new tool to solve their financial problems. The long-prepared law on preventive restructuring was signed by the President last week and will soon be published in the Collection of Laws. What is preventive restructuring Preventive restructuring is intended to be a procedure…

Further to our last article of May 2023, we would like to inform you about further developments in the area of Pillar 2, i.e. the implementation of Council Directive (EU) 2022/2523 of 14 December 2022 on ensuring a global minimum level of taxation of large multinational enterprise groups and large domestic groups in the Union. Act on equalisation taxes In May 2023, the draft…

Do you carry out cross-border transactions/structures? Do you have sufficiently documented and supported reasons for performing them? Does the subsequent operation of the group after the transactions/structures in question correspond to the intended reasons and purposes? In this regard, you may be interested in a new judgment on the issue of abuse of the law. On 6…

With the autumn approaching, there are two important VAT deadlines – for VAT refunds and the creation or change of a VAT group. VAT refunds in the EU – 30 September 2023 If you paid local VAT in 2022 on goods or services bought in an EU country and you use such supplies for your business, you can claim a refund. Most often these are invoices for hotels, entrance fees to…