HLB Hungary’s Szabolcs Szeles on the benefits of investing in Hungary
Law on Innovation Science & Technology Centres (ISTC) adopted in Russia
ISTC projects participants will be granted various benefits, including exemptions from customs duties and value added tax payments.
Estonia: Reasons to invest
The Baltic State consistently ranks as one of the most open, competitive and transparent economies in the world.
Stamp Duty: Everything you need to know about the UK’s property acquisition tax
Learn about Stamp Duty Land Tax (SDLT) in England, Wales, and Northern Ireland. Find out about rates, exemptions, and reliefs in this clear and concise guide.
How do you like them apples? China’s dominance forces Canada’s apple growers to experiment with new varieties
China dominates the apple juice export market. Unable to compete, Canada’s apple growers have been forced to adapt to changing circumstances.
Towards a new economic order? Zimbabwe looks to the future
In his inauguration speech, President Mnangagwa announced a new vision for Zimbabwe’s economy, suggesting a shift toward foreign investment.
Spain: Indirect taxation reformed by Decree
The VAT Return to Travellers Scheme will be modified, and VAT processing will be imposed through an electronic reimbursement system.
Russian scrap metal reforms Buyer now responsible for VAT
In 2018 the sale of scrap metal became subject to VAT in Russia. The responsibility for VAT levied on the sales of scrap metal belongs to the buyer.
European Commission proposal to strengthen VAT cooperation
The European Commission has published a proposal for a Council Regulation amending regulations regarding measures to strengthen cooperation in VAT.
Brazil standardises accounting
SPED – the Sistema Público de Escrituração (Digital Public Digital Bookkeeping System) – is a standardised financial recording scheme used by the Brazilian Government. SPED allows for business’ tax and accounting deeds to be recorded digitally, and in a standardised format
France: Agricultural sector hit by tax increases
Under the new arrangements, farmers alike will benefit from a reduction in their social security contributions to compensate for a 1.7% CSG increase.
EU adopts new VAT rules for e-commerce
On 5th December 2017, the Council of the European Union adopted new VAT rules designed to simplify e-commerce.