EXPERTISE
Tax

Update on the ESG reporting obligations in Bulgaria, Croatia, the Czech Republic, Hungary, Romania and Slovakia

November 2024 – The Corporate Sustainability Reporting Directive (EU) 2022/2464 (the “CSRD”) required EU member states to complete its transposition by 6 July 2024. However, uneven implementation led the EU Commission to initiate infringement proceedings...

New tax amnesty adopted by the Romanian government

September 2024 – On 6 September 2024, the Romanian government adopted Emergency Ordinance no. 107/2024 (“the GEO”) regulating a nationwide tax amnesty generally aimed at cancelling late payment interest and penalties related to certain outstanding...

Individuals are advised to check their personal online tax accounts for real property tax liability

July 2024 – In Ukraine, individuals are obliged to pay the respective real estate tax upon receiving a notification-decision from the tax authorities, which should arrive by July 1. Even if such a decision is not received by this date, the tax authorities...

Ukraine increases transparency in the international arena and implements CRS

June 2023 – The exchange of information upon request between tax authorities is an important means of promoting transparency and allows tax authorities to obtain information necessary to ensure compliance with tax laws. Ukraine is a party to various...

Ukraine introduces e-residency and 5% single tax for non-resident individuals

November 2022 – On October 6, 2022, the Law of Ukraine No. 2654-IX "On Amendments to the Tax Code of Ukraine and some other laws of Ukraine regarding the taxation peculiarities of electronic residents’ business activities" was adopted. It will enter...

183 days of war in Ukraine: Tax considerations for refugees and their employers

September 2022 – The war in Ukraine has now passed the 183-day mark. This unfortunate milestone is a reminder to employers with a dispersed workforce of Ukrainian refugees to take a look at the status of these employees.

Questions and answers about the special single tax system during the martial law on the territory of Ukraine

April 2022 – Special single tax system rules have been introduced by Law of Ukraine No. 2120-IX as of 15 March 2022 (effective starting 17 March 2022) and by Law of Ukraine No. 2142-IX as of 24 March 2022 (effective starting 5 April 2022). We have prepared...

Ukraine: Temporary lifting of requirements for Diia City residents

April 2022 – At the beginning of 2022, a special legal and tax regime for Ukraine-registered tech companies called Diia City became fully operational [for more details please see our overview of the Diia City regime].

Kinstellar announces new promotions to Partner and Counsel

March 2022 – Kinstellar is delighted to announce the promotions to Partner of Nina Tsifudina (Sofia) and to Counsel of Atanas Mihaylov (Sofia).

Special single tax system during the martial law on the territory of Ukraine

March 2022 – Special single tax system rules have been introduced by Law of Ukraine No. 2120-IX as of 15 March 2022 (effective starting 17 March 2022). We have prepared a brief overview of some key questions and answers to address the following: