Legal news

Economic Crimes in the Slovak Republic

A change of the payer of the immovable property acquisition tax (the payer of this tax is now the acquirer – buyer) has raised questions about the correct accounting and tax assessment of the expense that this tax represents.

In recent years, the financial industry in so-called “fast loans” has boomed in Latvia. Now the parliament has adopted rules which substantially slow down business.

The minimum wage was introduced in July 2014. Politicians are arguing about the results and possible consequences for the future.

The Czech Ministry of Finance is working on an amendment to the Income Tax Act, which should, inter alia, enable both entrepreneurs and employees to use the tax advantage for meals in a new and simpler way. Meal vouchers are a popular and frequently provided benefit in the Czech Republic.