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.
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