Loan notification to tax authorities (1/13/15) (0)

26.03.2015

Passed

We have already informed our readers about amendments to the Personal Income Tax (PIT) Act laying down criteria for loans to be treated as taxable income (see the article Loan = salary in our Flash News edition of 8 October 2013). This article takes a look at who is required by law to notify the State Revenue Service (SRS) of certain loans, and when this requirement applies. Read more..

Transfer pricing in dealings with intangible assets (2/13/15) (0)

26.03.2015

Practice

In addition to types of intangibles explored in our earlier articles, the OECD’s report provides information about how different types of transactions can affect transfer pricing (TP) determinations. This article takes a look at transactions involving the transfer of an intangible or the supply of goods or services that include an intangible. Read more..

Latest developments in defending interest rates on intragroup loans (3/13/15) (0)

26.03.2015

Practice

Lending is one of the most common transactions between related companies in a group as one company frequently lends its disposable funds to another company. Large groups tend to set up their own intragroup financial centres whose core business is financing the operations of other group companies. Read more..

SRS sends unfavourable decisions electronically to non-users of EDS (1/12/15) (0)

19.03.2015

Issue

The State Revenue Service (SRS) has recently begun to use its Electronic Declaration System (EDS) for communicating with taxpayers. This arrangement is certainly very convenient for businesses. Our experience suggests, however, that the SRS tends to send information requests and unfavourable administrative instruments (decisions) even to individuals who have never used that system. Read more..

New customs warehousing rules (2/12/15) (0)

19.03.2015

Passed

Cabinet Regulation No. 57 was passed on 3 February 2015 to replace the previous customs warehousing rules. Read more..

 
© 2015 PwC. All rights reserved. PwC refers to the PwC network and/or one or more of its member firms, each of which is a separate legal entity. Please see www.pwc.com/structure for further details.  | Last updated: 14.01.2015