Changes in the act on accounting
As of 1 January 2016 the Act on Accounting is amended. One of the most important new rules is that companies with a negative accumulated profit reserve won’t be allowed to pay dividends from the after-tax profit in 2016. Márta Siklós, auditor and senior advisor of LeitnerLeitner told that businesses will only be allowed to pay dividends if the sum of the positive after-tax profit is bigger than the value of the negative accumulated profit reserve.
Related news
More related news >
Related news
The Ministry of Finance asks people to spend in an information letter
The Ministry of National Economy (NGM) will inform members of…
Read more >VOSZ: the three-year wage agreement is extremely ambitious
The Secretary General of the National Federation of Entrepreneurs and…
Read more >K&H Sustainability Index: the breakthrough is still waiting
The latest results of the K&H Sustainability Index show that…
Read more >