News

4/2011 - Download Slovak Tax News (english and slovak; PDF)

Fiscal Policy Barometer, Turkey, Qatar

In Qatar it is all cut and dried: since it is not possible to offer compensation in the form of company shares, the question of how they should be taxed just does not come up. However, in 15 of the 16 countries in which partners...

Ecovis is now also represented with a strong partner in the field of tax, payroll, accounting and audit in South America, namely in Buenos Aires, Argentina. Buenos Aires is the political, cultural, economical and industrial...

Doha 14. Juli, 2011 – The government of Qatar recently introduced a lower headline rate of corporate income tax, wider range of tax treaty structuring options, and changes in withholding tax obligations.

Porto 12. Juli, 2011 – Portugal, like other countries, is constantly battling tax fraud and tax evasion, and authorities are now targeting those companies that have recurring losses.

Bucharest 10. Juli, 2011 – The Romanian Labour Code has undergone substantial overhaul which went into force in May of this year. However, the amendments most anxiously awaited by entrepreneurs which would have added flexibility...

Wien 8. Juli, 2011 – Following the latest round of tax reforms, Austria has joined the countries that offer a system of group taxation. Many countries already permit a group of related companies to be treated as a single...

Zagreb 6. Juli, 2011 – The long-awaited liberalization of payment transactions finally came about on 1 January, 2011, when amendments to the Croatian Payment Transactions Act and the Foreign Exchange Act went into effect.

Romania, Austria, Portugal, Qatar

London, 4. Juli, 2011 – Should Facebook be banned at work? The more “digitally enlightened” usually allow their staff unrestricted access from office computers, but still worry about employees wasting time on it.

Munich 18. May 2011 – Ecovis is represented now in Singapore by a strong partner in the field of auditing, tax and accounting. Singapore is one of the most important financial and economic centres in the Asia Pacific region as...

Reform of the public pension system is a top prerogative, but some foreigners in Japan are still forced to contribute twice.

To promote and endorse, further, the in pouring and continued influx of interested foreign investors in Qatar, to provide tax relief from corporate tax cost – both current and newly established businesses: permanent and...

Setting Up Ltd in Italy: Short NoteSignificant changes include the ability of partners in a limited liability company (s.r.l.) to settle and to determine the powers in terms of ordinary and extraordinary matters. They also call...

Tax advantages accruing from leasing assets versus outright purchase are not abusive, the European Court of Justice ruled.The case concerned the British Churchill Group which predominantly supplies insurance services which are...

Porto, 15. March, 2011 – Starting a business in Portugal is now cheaper and simpler. This applies to limited liability companies and single shareholder liability companies and will enter into force on 6 April 2011 (Decree-Law no....

Italy, Japan, Slovakia, Poland

Regulations concerning Value Added Tax on goods and on e-Invoicing in Poland underwent some significant changes in 2011.On January 1st, amendments to the Act on VAT and the secondary regulations became effective in Poland. The...

Berlin, 15. December 2010 – Company cars are a lot more than simply a set of wheels for business use, and in many countries they are no longer just considered perks for leading executives. Instead, many employers now allow the...

On August 25, 2010, the U.S. Securities and Exchange Commission (the “SEC”) adopted amendments to its proxy rules to allow significant, long-term shareholders to more easily exercise their rights to nominate and elect directors...

On August 16, 2010, New York State finally joined every other state in the nation by enacting a no-fault divorce law. Under the new law, which goes into effect on October 14th of this year, judges may now grant divorces when a...

The United States Citizenship and Immigration Service (USCIS) has announced it will increase the filing fees for most immigration applications, including premium processing, effective Tuesday, November 23, 2010. According to the...

In a landmark sports law and antitrust ruling, Pryor Cashman, representing a former promoter of professional international soccer matches played in the United States, successfully argued that the United States Soccer Federation...

Pryor Cashman represented Rodman & Renshaw, LLC, as sole book running manager, in an underwritten public offering of 5,181,285 shares of the common stock of SkyPeople Fruit Juice, Inc. Click here to read more.