In the current issue of Tax & Legal News we would like to draw your attention to the following highlights:
Six major VAT changes for e-commerce
Changes of VAT rules with an effect on cross-border e-commerce will take place as of 1 July 2021. They will impact mainly online sellers who sell goods to consumers and digital platforms. Consumers who import goods in consignments from non-EU countries for their own needs, as well as other persons carrying out import of goods from third countries for their business activities will be affected.
The Slovak Parliament again amends the Labour Code in respect of employees’ meal allowance
The amendment to the Labour Code allowed some employees to choose the form of meal allowance as of March 2021. The new alternative to meal vouchers in the form of a financial contribution for meals has met with the need for further legislative regulation. The amendment to the Labour Code is in the first reading at the current June Council’s meeting and modifies several disputed points.
Changes in First Aid from 1 July 2021
On 9 June 2021, the Government of the Slovak Republic approved a proposal to change the conditions and extend the period of implementation of the First Aid project aimed to support and maintain jobs during the time of the State of Emergency and the elimination of their consequences.
What will EU Tax Reform bring to Business Taxation?
On 18 May 2021, the European Commission issued a communication on „Business Taxation in the 21st Century". The document follows up on the current discussions on international tax rules and presents its own tax agenda, which aims to continue the fight against profit shifting and help to rebuild the economy.
