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VAT

Decreased thresholds for awarding public contracts as of 01/01/2020

As from 1 January 2020 the European Commission’s changes to the European thresholds when applying the procedures for the awarding of public contracts enter into force.

Optional VAT regime for rental of immovable property

Recently, the Finance Commission approved the draft law introducing an optional VAT regime for the rent of professional real estate. The new rules will enter into force on the 1st of January 2019.

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