Tax Breaks for E-Payments Under Review
14 Articles
14 Articles
Under the microscope of the financial staff are two measures that expire at the end of the year - From the discount for professional services to medical expenses
The financial staff is preparing an evaluation of the tax incentives associated with the use of electronic payment instruments, as the relevant provisions currently in force complete their cycle at the end of 2026. It is being examined whether the specific measures have contributed to limiting tax evasion and revealing income that remained outside the tax return. More electronic transactions and less cash In particular, the increased use of card…
Tax breaks for e-payments under review
The Finance Ministry is considering whether to extend, modify or scrap two tax incentives for electronic payments that are due to expire at the end of the year. Introduced in 2022, the measures are aimed at encouraging electronic transactions in sectors where tax evasion is rife.
Under the microscope of the economic staff are two tax incentives that were introduced in 2022 to boost electronic transactions and limit tax evasion, as their validity expires in…More...
In which cases will purchase receipts count twice for income tax exemption?
Tax bonuses that were introduced in 2022 to increase electronic payments and tackle tax evasion in specific sectors of the economy are being reviewed by the ... The article Tax breaks for electronic payments in sectors "vulnerable" to tax evasion are being reviewed was published in NewsIT.
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