17.03.2016 No general profit realisation as payments on account for lon ... The finance ministry has decreed that a Supreme Tax Court judgment calling for profit realisation with the due date of advance payments on engineering contracts shall not be applied except for contracts for architectural and engineering services agreed before August 17, 2009. Categories: Official PronouncementsKeywords: profit realisation, engineering, archite ...
07.07.2015 Progress payments lead to profit realisation The finance ministry has decreed that architects, engineers and construction contractors shall realise their profits in accordance with the agreed progress payments reflecting the degree of contract completion. Categories: Official PronouncementsKeywords: progress payment, profit realisation, lo ...
