Archive
Romanian Property Evaluation – December 2011
Baker Tilly Klitou sent us this important reminder for those with assets in Romania
 Dear Associates,
With regard to the upcoming year closing, according to the Order 3055 / 2009 for approving the Romanian Accounting Regulations, we kindly inform you that you have to perform an assessment of the tangible assets owned by the company. Furthermore, according the art. 253 of the Law 571 / 2003 regarding Fiscal code with subsequent changes, the legal entities are required to compute and pay taxes on the buildings owned, as follows: · between 0,5% and 1,5% of the value of the building, if the owner has performed at least an evaluation of the buildings in the last 3 fiscal years; · between 10% and 20% of the value of the building, if the owner has not made any evaluation of the buildings in the last 3 fiscal years; · between 20% and 40% of the value of the building, if the owner has not made any revaluation of buildings in the last 5 fiscal years. Should you need to perform an evaluation of buildings owned by the company, so that the level of taxes payable by the company for the buildings owned to be ranked between 0,5 and 1,5 of the value of the building, please send your requests back to us to the address info Baker Tilly Klitou is an independent member of Baker Tilly International which is a global network of high quality, independent accountancy and business services firms, all of whom are committed to providing the best possible service to you, wherever you needs help, in Romania and across the world. Baker Tilly Klitou is member of Romanian Chartered Accountants Body (CECCAR), member of Romanian Chamber of Tax Advisors (CCFR), member of Romanian Chamber of Auditors (CAFR), as well as member of Romanian Evaluators Association (ANEVAR). Our team includes qualified professionals able to provide full range of accounting and payroll services, tax consulting, audit as well as evaluation of properties. Should you need further clarifications regarding the aforementioned information, our consultants are at your disposal. BEST WISHES FOR A HEALTHY AND PROSPEROUS 2012! Victor Papala Senior Manager December 2011 |
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Czech Tax Alert December 2011
Havel's death is not the only piece of bad news coming out of the Czech Republic this week - the lower rate of VAT is increasing from the new year by a full 4%.
Another alert from Baker Tilly Czech Republic – this time you need to look closely at this particularly if you make lower rate VAT supplies or if you buy lower rate supplies in the Czech Republic without being a VAT registered entity and want to take advantage of a tax planning window which is only open for the next ten days. Remember that the usual limitation of liability applies to all alerts featured on Quoracy.com and for specific advice you should seek tailored advice from the authors.
BTCR_TAX_ALERT_December_ENG.pdf
BTCR_TAX_ALERT_December_CZ.pdf
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Hungarian Business and Tax Newsletter Issue 9/2011
Here’s the latest update from Baker Tilly Hungaria:
Dear Sir / Madam,
Baker Tilly Hungária issued its latest „Business &Tax Newsletter” which can be accessed by clicking on the following link: Newsletter 9/2011
The main topics covered therein are:
- VAT refund if customs clearance is performed in another eu country
- Major changes in tax rules in 2012
- Corporate tax
- Social insurance
- Personal income tax
- VAT
- Disaster management contribution
- Other taxes and duties
Our newsletter can be read with Acrobat Reader which is downloadable by clicking on the following link:
http://www.adobe.com/products/acrobat/readstep2.html
If you found our newsletter useful and would like to include anyone else on, or would like to remove
your e-mail address from our mailing list, please notify us at newsletter@bakertillyhungaria.hu.
Üdvözlettel / Best regards,
Tisztelt Hölgyem/Uram,
A Baker Tilly Hungária megjelentette legújabb „Business & Tax Newsletter” című kiadványát, melyet a következő linkre kattintva tekinthet meg: Newsletter 9/2011
Hírlevelünk témái:
· ÁFA levonása más EU országban történt vámkezelés esetén
· Az adójogszabályok 2012. évi fontosabb változásai
§ Társasági adó
§ Társadalombiztosítás
§ Személyi jövedelemadó
§ ÁFA
§ Katasztrófavédelmi hozzájárulás
§ Egyéb adók és illetékek
Hírlevelünk Acrobat Reader szoftverrel olvasható, mely ingyenesen letölthetõ a következõ helyről:
http://www.adobe.com/products/acrobat/readstep2.htmlAmennyiben hírlevelünket hasznosnak találja, és szeretné, hogy mások is megkapják, vagy a jövőben
nem szeretné, hogy hírlevelünket megküldjük Önnek, akkor kérjük, ezt a newsletter
címre küldött e-mail-ben jelezze.
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