Tag: Tax
News
Recognition
Penteris Once More Improves on Legal 500 Rankings
The latest rankings of The Legal 500, the prestigious Client Guide to law firms across the world, have confirmed our focus on providing high-quality legal and business advice to our clients. The Penteris team have been ranked by The Legal 500 since its inception and the latest rankings show that clients continue to have confidence …
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News
Publication
Estonian CIT Rate Depends on…
…one key factor. When applying so-called “Estonian” CIT, companies can take advantage of deferring tax until profit is distributed. However, when planning settlements, it is important to remember that in order to achieve the lowest effective tax rate, as much of the profit as possible should be paid out when using this solution. It is …
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Pro-growth Tax Relief
Pro-growth tax relief, also known as expansion tax relief, is a tool that can potentially be used by a wide group of taxpayers. Under the Corporate Income Tax Act, taxpayers who have manufactured products in the course of their business activities are entitled to this tax relief. However, there appears to be ambiguity as to …
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