VAT rules for certain ‘virtual services’ in the EU are about to change. This will affect services such as live-streamed cultural events and paid webcam sessions, for example. The new rules to determine the place of supply take effect as of 1 January 2025. Our Baker Tilly International network partners in the Netherlands explain exactly…
On 5 November 2024, ECOFIN (the European Council on Economic and Financial Affairs) adopted the proposal ‘VAT in the Digital Age’. The new rules are intended to make the levy of VAT in the EU simpler and more resistant to fraud. In this article, our Baker Tilly International network partners in the Netherlands discuss ECOFIN’s…
Three important EU laws that we should look out for in 2024 Article by: Constantinos Michael, Director – Legal Services , Baker Tilly South East Europe Considering that 2023 was the “year of AI”, it seems now that 2024 is already moving to be quite similar. There is great hype about envisaged and proposed legislation…
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A double materiality assessment (DMA) is the cornerstone for determining a company’s ESG strategy and it is one of the main requirements of the Corporate Sustainability Reporting Directive (CSRD). Explore the process of conducting a DMA step-by-step in this practical playbook. DMA-playbook-ENG
Απο τα πρώτα χρόνια των δραστηριοτήτων της υπό τη διεύθυνση του Μάριου Κλείτου, η επιχείρηση κατάφερε να προσελκύσει στην Κύπρο μεγάλες ελληνικές εταιρείες που είχαν επενδύσει στη Ρουμανία και τη Βουλγαρία. Το γεγονός αυτό ώθησε την ηγεσία της επιχείρησης να τις ακολουθήσει στις δυο αυτές βαλκανικές χώρες: «Επρόκειτο τότε για δύο υπό ένταξη στην ΕΕ…
We would like to remind you of the deemed dividend distribution (DDD) provisions of the Special Contribution for the Defence Law that relate to the tax year 2022. CY-Alert-Issue-6_2024-Deemed-Dividend-Distribution-for-the-tax-year-2022
On 26th of February 2025, the Economics Research Center of the University of Cyprus, presented its proposal regarding the envisaged tax reform. Explore key proposed amendments and changes in our latest tax flash. CY-Alert-Cyprus-Tax-Reform-proposed-amendments