The most recent issue of Frontiers in tax includes select changes in the area of tax law for the financial sector, including the evolving practice of the tax authorities relating to the functioning of the tax on certain financial institutions, as well as the new regulations on the exchange of tax information with other countries and taxation on investment funds in light of the amendment to the CIT Act. In the issue, you will also find information on the limitation of the VAT deductions for local government units.
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