Tag: Tax
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Tax Exemption for Foreigners?
Major changes in the civil law activities tax on the purchase of residential real estate have entered into force. In addition to the (6%) tax on the purchase of a sixth (and each subsequent) flat/apartment located on the same land, legislators have also introduced an exemption from civil law activities tax for the purchase of …
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Recognition
Penteris Recognised by ITR World Tax
Building upon our recent nomination for the 2023 EMEA Tax Awards by International Tax Review (ITR), in two categories – Tax Firm of the Year and Indirect Tax Firm of the Year – Penteris is proud to announce that we have been recognised by ITR World Tax in three categories: * General Corporate Tax * …
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Tax Alert: Understanding the Unshell Directive
The European Union’s “Unshell Directive” was originally slated for implementation across all EU member states by the conclusion of June 2023, with its enforcement commencing on the 1 January 2024. Although the initial deadline was not met, it is imperative that we neither dismiss it nor underestimate its profound impact on cross-border capital groups. Conceptual …
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