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How can the value of fixed assets affect a company's value, dividends, financial performance and, as a result, cash flow? This article summarizes information on determining the fixed asset value threshold, what can be the sources of fixed asset financing, what is the importance of the balance...
Who is paying the highest price for deviations from the arm's length principle – companies or regulators? The numbers in question seem to represent a significant burden for governments. According to estimates by the OECD, tax disputes cause annual tax revenue losses ranging from $100 billion to...
Good news for entrepreneurs! As of June 1 of this year, the threshold for representative cars has been raised - from 50,000 to 75,000 euros. Let's look at how these changes affect taxes and other nuances related to the accounting of a representative car. Recently, a sharp increase in the prices...
Capitalization has several meanings in economics, however, from a business perspective, capitalization is the process of increasing capital, usually by converting a company's net profits or reserves into share capital. This process makes it possible to improve the perception of the company's...
More often, companies decide in favor of buying electric cars, thus becoming more environmentally friendly. Although this practice is becoming more popular, the regulations still do not specify the conditions that apply directly to electric cars. Therefore, the application of corporate income tax...
Estonia is the smallest of the Baltic States, while its national budget revenue and spending are the highest of all three countries - although Lithuania is set to overtake Estonia in both of these indicators in 2023. Latvia is in the middle of the Baltics, both geographically and in terms of how...
The company wants to buy a cargo van for business purposes at a price of 110 thousand. euro. The N1 category cargo van has a gross weight of up to 3,500 kilograms and has four seats. Does the company have the right to deduct 100% of the value added tax (VAT) input tax for vehicle maintenance...
The employee committed a violation during work and wrote an explanation for it. How long must the employer keep the employee's explanation of the violation in the personnel file? Is it necessary to keep it for more than one year?
One of the group's companies incurs tax debts. Should the holding company of the concern take responsibility for them? And what consequences can the concern have for these tax debts? Who should take responsibility?