Pwc slovakia pocket tax book

Taiwan pocket tax book 7 cooate ncoe tax taxable income the taxable income of a profitseeking enterprise is calculated from net income, which is defined as gross annual revenues after the deduction of costs, expenses, losses and taxes except for income tax. Except for certain exempt items, income from all sources business income. Pwc vietnam pocket tax book 2016 enter your mobile number or email address below and well send you a link to download the free kindle app. The year 2017 introduces dividend taxation for individuals to slovakia, an increase of the maximum thresholds for social insurance contributions and the complete cancellation of thresholds for health.

Where a particular income item is subject to wht, the payer is generally held responsible for withholding or collecting the tax. Individuals and trusts tax rates for the period from 1 march 2019 to 29 february 2020 individuals and special trusts taxable income r rate of tax r 0 195 850 18% of taxable income. Access to the latest updates with our new app and web portal note. Interest paid by a slovak tax resident to a slovak tax nonresident is subject to withholding tax of 19%, unless it is tax exempt in accordance with the eu directive on the common system of taxation applicable to interest and royalty payments as incorporated into slovak tax legislation. International tax news provides a succinct monthly analysis of select legislative changes, case law and treaty news from around. Taiwan pocket tax book 7 cooate ncoe tax for income tax. To determine a companys taxable income, its accounting income is adjusted by taking into account. Corporate income tax cit tax rates enterprises generally companies are subject to the tax rates imposed under the cit law.

Corporate pocket tax guide 2019 deloitte luxembourg tax services. Slovak tax nonresidents are subject to personal income tax on their slovak source income. This booklet provides quick and easy access to information on various tax rules in taiwan. A broad range of deregulatory measures have been implemented, and additional measures and tax facilities can be expected to further enhance the investment climate.

Our corporate tax pocket guide is designed to inform you on the main company taxes in respect of the luxembourg tax legislation. As one of the leading tax practices in indonesia, pwc indonesia includes more than 200 professionals consisting of accountants, lawyers, and finance specialists. Introduction to taiwan tax rules taiwan pocket tax book 2015. Thought leadership initiative that provides on a yearbyyear basis a concise summary of slovak tax rules. Slovaksource income is defined by local tax law and includes, inter alia, the business income of pes and passive types of income, such as royalties, interest, and income from disposal of assets. We trust this will act as a useful reference tool for you.

Publications regulation, risk, governance, operations, strategy and growth, talent, and more. Preface governments worldwide continue to reform their tax codes at a historically rapid rate. It provides a succinct yet informative summary of tax legislation and regulations and covers all aspects of taxation, including corporate income taxes, individual taxes, vat, excise taxes and customs duty. The information in this book is based on taxation law, legislative proposals and current practice up to and including measures contained. Thanks to your interest, our updated pocket tax book is again available. Pwc s perspectives on regional tax issues that matter your business most. Then you can start reading kindle books on your smartphone, tablet, or computer no kindle device required. These whts are commonly referred to using the relevant article of the income tax. Negative list of the industry catalogue guide for foreign investment is further shortened to deepen the opening up to. Our professionals guide clients through the tax and legal maze by applying their. Pwc is the leading provider of tax services in the uk, in terms of the reputation, size and scope of our tax practice.

Against this evolving tax landscape, organisations face many challenges in establishing the. Around the world, tax planning activities are attracting more and more attention from governments, media and other stakeholders. International tax philippines highlights 2017 investment basics. A transfer of land and buildings will cause income tax on the deemed gain on the transfersale to be charged to the transferorseller. This handy guide sums up the essential information on the main luxembourg corporate taxes and the legal deadlines in matter of administrative requirements. This sars pocket tax guide has been developed to provide a synopsis of the most important tax, duty and levy related information for 201920. Nonresident individuals are subject to withholding tax wht at 20% in respect of their indonesiansourced income. Pdf pwc vietnam pocket tax book 2019 en lam tan kiet. Ministry of finance, local tax authority, department of statistics and other local authorities if required by law vietnam has issued 26 accounting standards and 37 auditing standards which are primarily based on international standards with some local modifications pwc 44 pwc 45 pwc vietnam pocket tax book 2014 pwc vietnam pocket tax book. Pwc indonesia indonesian pocket tax book 2019 1 corporate income tax corporate income tax tax rates generally, a flat rate of 25% applies. It borders germany, ukraine, russia, belarus, the czech republic, slovakia and lithuania. Income from interest, licence fees, sale or rental of property located in slovakia, or from lottery winnings.

In a business world that is more and more reliant on digital technology, and where data has become the backbone of innovation, the way we safeguard our information systems is vital for the organization as a whole, and an issue that should be on the agenda of all departments within a company, including the ceos. Slovak tax nonresidents are subject to personal income tax on their. Our firm grew rapidly over the next four decades and now has more than 3,000 experienced partners and staff in six cities around the island, strategically located to provide the most comprehensive, responsive and proactive services to our clients. Corporate pocket tax guide 2019 deloitte luxembourg. Currency philippine peso php foreign exchange control foreign currency may be bought and sold freely by residents including foreign corporations operating in the philippines and may be brought into or sent out of the country with minimal restrictions. The after tax profits are subject to a withholding tax wht i. Concessions are, however, available where a dta is in force. Poland is a member of many international organizations, including the european union eu. The romanian tax pocket book 2015 45 local taxes value added tax vat local taxes include building tax, land tax, tax on means of transportation, registration taxes, taxes for the issuance of certifications and authorisations, tax on means of promotion and advertising, tax on public performances, hotel occupancy taxes and other taxes. Pa i quick reference tax rate tables tax on income type toi rate standard 20% oil or natural gas production sharing contract and the exploitation of natural resources, including timber, ore, gold. Indonesia individual foreign tax relief and tax treaties.

Pwc i uk pocket tax guide 2014 a quickreference guide to uk tax rates, allowances and key rules for individuals, companies and other taxpayers. View dagmar haklovas profile on linkedin, the worlds largest professional community. It gives a brief overview of current tax legislation valid in 2017. Pwc vietnam pocket tax book 2016 4 personal income tax 26 tax residency tax year employment income nonemployment income non taxable income foreign tax credits tax deductions pit rates administration social, health and unemployment insurance contributions 29 other taxes 30 tax audits and penalties 31. The pocket tax book is one of our most popular annual publications. Pwc vietnam pocket tax book 2015 pwc 5 a summary of vietnam taxation the information in this booklet is based on current taxation regulations and practice including certain legislative proposals as at 1 april 2015. Pwc vietnam pocket tax book 2017 pwc 7 the sectors which are encouraged by the vietnamese government include education, health care, sportculture, high technology, environmental protection, scienti. Where specific transactions are being contemplated, definitive advice. Philippines tax profile produced in conjunction with the kpmg asia pacific tax centre updated. Income may be subject to tax regardless of whether or not it is paid in slovakia. The uk pocket tax book 201011 a summary of uk personal and corporate taxation rates and other personal information the information in this book is based on taxation law, legislative proposals and current practice up to and including measures contained in the second finance bill of 2010.

Individuals must register with the slovak tax office for income tax purposes if they have obtained a permit to do business in slovakia, have started performing other. Slovak tax nonresidents are subject to personal income tax on their slovak source income such as. Slovak tax nonresidents are taxable in slovakia on their slovaksource income only. Through the baltic sea, it has easy access to scandinavia. Corporate income tax tax rates generally, a flat rate of 25% applies. Were delighted to share with you our 2020 vietnam pocket tax book. Taiwan pocket tax book 1 foreword welcome to taiwan pocket tax book 2015. Indonesian income tax is collected mainly through a system of whts. Partner, leader of the tax and legal department at pwc the pocket tax book is one of our most popular annual publications. Taiwan pocket tax book 7 corporate income tax taxable income the taxable income of a profitseeking enterprise is calculated from net income, which is defined as gross annual revenues after the deduction of costs, expenses, losses and taxes except for income tax. Pwc refers to the pwc network andor one or more of its member firms. Subject to certain limitations such as dta provisions, a credit is granted for tax paid or due abroad in connection with income received or accrued abroad. Proof of tax paid in the foreign country must be attached to the tax return to substantiate the tax credit claimed. Tax laws in australia and internationally are becoming increasingly complex.

It provides a succinct yet informative summary of tax legislation and regulations and covers all aspects of taxation, including corporate income taxes, individual taxes, vat, excise taxes. Taxpayers need a current guide, such as the worldwide corporate tax guide, in such a shifting tax land scape, especially if they are contemplating new markets. The standard cit rate was reduced from 25% to 22% from 2014 and 20% from 2016. With clients ranging from multinational organisations and public sector bodies to entrepreneurs and family businesses, the work we do is diverse. Public companies that satisfy a minimum listing requirement of 40% and other conditions are entitled to a tax cut of 5% off the standard rate, giving them an effective tax rate of 20% refer to page 69. Vietnam pocket tax book 2017 dutch business association. Tax losses operating losses incurred in a tax year may be carried over as a deduction from gross income for three consecutive years immediately following the year of such loss, provided that there is no substantial change in the ownership. Pocket tax book 2020 09 individuals personal income tax pit tax residence individuals are considered slovak tax residents if they. The information in this book is based on taxation law, legislative proposals and. Individuals are considered slovak tax residents if they. Except for certain exempt items, income from all sources business income, rent, interest, royalties, and capital gains realised from property sales, etc. Taiwan pocket tax book introduction to taiwan tax rules the information in this booklet is based on current taxation regulations and practices including certain legislative proposals and measures as of january 2019, unless otherwise specified. The pocket tax book 2016 provides an informative summary of. The information in this book is based on taxation law, legislative proposals and current practice up to and including measures contained in finance bill 2016.