What are the positives and negatives of Matovic’s tax revolution?

Matovic’s tax revolution brings several positive elements. For example, the introduction of group taxation will allow firms within the same group to offset losses of one firm against profits of another firm and at the same time relieve them of the obligation to pay attention to transfer pricing regulation. However, a number of the proposals […]

Digitisation of accounting

Amendment to the Accounting Act with effect from 01.01.2022 – the unstoppable technological shift within global industries has not bypassed accounting and the associated circulation, processing and archiving of accounting documents. A section of the accountancy community called for change and this was heard with the amendment. Are accountants and software developers sufficiently prepared for […]

Peter Varga lectured on crypt and VAT at the Slovak Chamber of Tax Advisors

Peter Varga lectured on VAT and crypto-assets during the traditionally held methodical days at the Slovak Chamber of Tax Advisors. In addition to approximately 200 tax advisors and other members of the public, the event was also attended by representatives of the Financial Administration and the Ministry of Finance of the Slovak Republic. It was […]

What should the invoice from the e-shop contain ?

Before we move on to the actual details of an e-shop invoice, let’s try to think together about which group of people are usually the final customers of e-shops. I suppose the reasoning need not be long. They are generally ordinary citizens (i.e. not taxable for VAT purposes). Our reasoning can go on and on. […]

About tax optimization with Matej Kačaljak in Radio FM

Peter Varga accepted an invitation from Jakub Jošt to participate in the show Chrobák v hlava, where together with Matej Kačaljak, associate professor of law from the Faculty of Law of Charles University, they discussed tax havens, global tax or taxation of cryptos. You can listen to the full interview here: https://www.rtvs.sk/radio/archiv/11292/1585264

Interview on the global 15% tax with Peter Varga

Today, the world is talking about the proposal of US President Biden for a global tax rate of 15%. Although this proposal is only being discussed at a political level, the EU Tax Observatory has already presented in its June 2021 report that such a minimum tax would generate €50 billion extra tax revenue per […]