Tax & Legal

Categories: All (2 found)

1. 20.06.2023

   EU Commission: Improve withholding tax procedures to boost c ...

   On 19 June 2023 the European Commission proposed new rules to make withholding tax procedures in the EU more efficient and secure for investors, financial intermediaries (e.g., banks) and Member State tax administrations. This initiative is aimed to promote fairer taxation, fight tax fraud, and support cross-border investment throughout the EU.

   Categories: From Europe

   Keywords: Fraud, withholding tax
2. 13.02.2013

   Theft from employer is not employment income

   The Supreme Tax Court has allowed an employer a refund of the income tax paid on a fraudulent salary overpayment despite notification of the tax deduction to the employee, on the grounds that the tax had not been deducted from employment income.

   Categories: Supreme Tax Court cases

   Keywords: Fraud, salary withholding tax, wage tax