Author: admin_vs

Interview for TREND – The case of KTAG vs. Andrej Kiska

Peter Varga, our partner and tax lawyer, gave an interview to TREND in which he commented on the case of KTAG and Andrej Kiska from the perspective of tax and tax optimization. It was during tax optimization there are situations that cannot be assessed in a completely black and white way, such as the case […]

Payment of taxes, tax optimization and other peculiarities around the so-called platforms. sharing economy

Answers from Peter Varga on the topic of paying taxes, or the legal defectiveness of platforms called. The sharing economy can be found in several articles in Hospodárske noviny during this period. We bring you part of the interview with our managing director in this article. How does Slovak law regulate the sharing economy? Which […]

New short form of transfer pricing documentation

In December 2018, the Ministry of Finance of the Slovak Republic issued an amendment to the Guidelines, which modifies the requirements for the content of transfer documentation. This guideline introduced several new features that are important to be aware of in connection with the preparation of transfer documentation. In the first part of our “mini-series” […]

Exemption from the documentation obligation

In December 2018, the Ministry of Finance of the Slovak Republic issued an amendment to the guidelines, which regulates the requirements for the content of transfer documentation. The most basic changes brought about by this guidance are described in the previous article as well as the content obligations for individual types of transfer documentation. The […]

New guidance on the content of transfer pricing documentation (criteria for preparation of documentation, materiality of transactions) – PART 1

In December 2018, the Ministry of Finance of the Slovak Republic issued an amendment to the guidelines, which regulates the requirements for the content of transfer documentation. This change can be seen as positive from an administrative point of view, but it did not significantly relax the obligations for tax entities trading with related parties. […]

OECD Issues New Guidance for Tax Administrators on the Treatment of Intangible Assets that are Difficult to Value – TRANSFER VALUATION

The OECD has issued another in its series of guidelines aimed at bringing greater legal certainty to transfer pricing regulation to assist taxpayers in preparing transfer documentation. We have been working very intensively on transfer pricing and have identified that legal certainty is one of the biggest pain points for businesses. They often do not […]

Intra-group services with low added value – TRANSFER VALUATION

One of the most common types of controlled transactions between dependants is services. In practice, these can be a wide range of intra-group services that are provided within a group of dependants. These services may be provided as a core part of the dependent’s business but may also be in the nature of ancillary services […]

How tax havens were born

This article is part of a series of articles on tax havens, the use of which to reduce tax and levy liability, protect ownership and its anonymity is very attractive for some business entities. Today, when the tax burden e.g. in Slovakia is not in line with the basic principle of taxation, which is tax […]

Tax Freedom Day or how much time do you spend on others?

Have you heard of the term Tax Freedom Day? It is not a holiday or a day during which any tax is remitted. Each year, Tax Freedom Day determines how many days out of the calendar year we work for the state and how many we work only for ourselves. How much of our income […]