Tax Reforms Simplify VAT, Shorten Statute Limits, and Support Businesses for Economic Recovery

• VAT will be reduced from 14.94% to a transparent 13%, simplifying calculations and accounting.
• VAT will be removed from invoice calculations, making pricing management easier for businesses.
• The tax statute of limitations will be reduced from eight years to four years, with legal proceedings limited to two years.
• Simplified payment regimes for small businesses are proposed.
• The reforms aim to improve the relationship between taxpayers and the state and support economic recovery.

Source: regfollower.com

Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.

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