Tax Newsletter 2016/8 - Tax proposal for 2017
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Tax Newsletter 2016/8 - Tax proposal for 2017
The 2017 tax package („Proposal”) was submitted to the Parliament last week, therefore the amendments to become effective as of next year may be voted this Spring as it was in last year.
The early legislation may allow the appropriate preparation, which is actually necessary considering that significant changes are expected from 2017. Out of these, the real time data provision obligation of invoicing programs or the modifications of advertising taxa are both essential.
In our newsletter, we summarized the most significant amendments. We also raise your attention that further to the Proposal, the introduction of a new Excise Tax Act and important changes are expected in the Act on Accounting, as well as in auditing rules.
