Tax Newsletter No 24 - March 2012

In this issue we present the following topics:

• VAT: Place of supply of services in the case of complex warehousing services
• CIT: Indirect costs at the turn of the year incurred as a result of deliveries for which no invoices were received
• Transfer pricing: tax loss of a business entity vs. settlements with related parties
• PIT: Settlement of shareholder being a natural person in the partnership limited by shares
• Real estate tax: Garages subject to a higher tax rate
• PIT: Kilometrage rates remain unchanged