Tax Newsletter 2013/19- Tax changes 2014
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Tax Newsletter 2013/19- Tax changes 2014
On 18 October 2013, the government submitted the tax package (“Proposal”) for 2014. In contrast with the previous years’ structural changes, the recent Proposal contains minor modifications and interpretations facilitating comprehension.
Besides the introduction of family contribution allowances, the Proposal intends to reduce administrational burdens, as well as to ease business conditions. However, it is essential to emphasize that a new type of tax will also be introduced, and some measures actually support and accelerate the investigating practice of the tax authority which practically results in further difficulties for the taxpayers. In our present newsletter, without attempting to be comprehensive, we summerized the main modifications.
To know more about the topic, we recommend to download the document below:
