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Minor Amendments In Taxation For 2018

The parliament adopted the tax law amendments for 2018. Here you can read some interesting points.

The VAT on certain items drop in January: internet services, fish, some pork meat products, and restaurant services.

As we reported earlier, the companies have to register their foreign bank accounts at the tax authority.

A new institution: tax deposit is introduced. If an owner or manager of a new company has or had unsettled overdue tax debts in his previous companies, a tax deposit has to be paid in order to get a tax number.

Those companies who have not filed their last 2 or more VAT returns, will be listed on the web site of the tax authority.

All the private entrepreneurs have to have a bank account from January.

16.06.17


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