Dentons has successfully represented Bibus Metal’s Romanian subsidiary Bibus SRL in a customs dispute before the Ploiesti Court Appeal in Romania.
Dentons Successful for Bibus Metal in Customs Dispute before Romanian Court of Appeal
Upcoming Tax for Already Existing Wind Power and PV Plants: Double Trouble in Burgenland?
Wind power plants and photovoltaic (PV) plants might affect the landscape. To what extent is in the eye of the beholder.
New Special Taxes in Hungary To Improve the State’s Income
On 4 June 2022 the Hungarian government issued a decree introducing special taxes affecting several sectors, among others banking, insurance, energy, telecommunications and airlines.
EU VAT Reform 2025: Amendments on VAT Rates and Place of Supply Rules
On 6 April 2022, Council Directive (EU) 2022/542 amending the EU VAT Directive was published in the Official Journal of the EU with substantial changes on place of supply rules and re-shaping the VAT rate system.
Romania: New Fiscal Incentives and Changes in Taxation of Capital Gains for Individuals
GEO no. 67/2022, published in the Official Gazette on 23 May 2022, enforces the application of fiscal incentives for companies who decide to increase their employees’ salaries from the minimum gross salary, i.e. RON 2,550, to RON 2,750, for salaries from 1 June - 31 December 2022.
New Developments in Legal Framework for Tax Reliefs for Companies in Research and Development Sector
Serbian Personal Income Tax Law and Serbian Corporate Income Tax Law, as well as the Serbian Law on Mandatory Social Insurance Contributions, prescribe tax and social insurance contributions related reliefs for companies that conduct activities of research and development in the Republic of Serbia.
Increased Tax Rates for Ukrainian Businesses Related to Russia
Ukrainian Parliament currently considers bill No 7232 that increases tax rates for Ukrainian businesses related to Russia (the “Measure”). The aim of the bill is to discourage corporations from Russian business activities. If successful, it should decrease Russian fiscal revenue, which will leave Russia with less funds available for warfare. There is, obviously, a huge social request and support for such measures. However, actual effect of the bill is far not that definitive.
