EY: It turns out what tax managers are afraid of
Domestic companies are most worried about inflation, while transfer pricing, corporate tax and the global minimum tax are considered to be the most risky tax areas, according to a survey of more than 240 participants of the EY Tax Conference.
The proposal to amend next year’s tax laws has already been submitted to the Parliament, which could bring, among other things, new research and development support, stricter but more intensive energy efficiency and development tax benefits. In addition, pre-prepared and recommended VAT return drafts may arrive, and the companies concerned must also prepare for the introduction of a new type of tax, the global minimum tax.
“The new tax year brings significant changes, which means more opportunities for domestic companies. At the same time, in the case of grants that are opened based on proposals, a successful application will require conscious preparation, as the assessment criteria are also substantially stricter.
– pointed out Tamás Vékási, head of EY’s tax and legal consulting business at the company’s conference.
Related news
The unexpectedly low inflation in June surprised analysts
The Hungarian inflation data published this week caused a pleasant…
Read more >Food prices rose at an accelerating rate in Germany
Inflation in Germany slowed down in June, according to the…
Read more >Food prices rose by 1.1 percent in Romania
Annual inflation in Romania fell to 4.9 percent in June,…
Read more >Related news
Estée Lauder completes $1.7b acquisition of DECIEM
The Estée Lauder Companies Inc. has finalised its acquisition of…
Read more >Żabka plans to conquer urban Romania
Żabka’s Romanian offshoot, Froo, is targeting two hundred new stores…
Read more >Lidl wins through its ‘breadification’ strategy in the UK
British supermarkets are being criticised for allegedly misleading marketing in…
Read more >