Changes in tax laws from 2014 approved!

The newly elected members of Parliament’s Chamber of Deputies debated late into the night on Wednesday, 27 November the legislative measures passed by the Senate. The new MPs were to approve the legislative measures in their first meeting, thus confirming their effect. In the end, both legislative measures affecting taxes were passed (an amendment to tax laws related to recodification and a new act on real estate acquisition tax). In our previous newsletters, we informed you about the most fundamental changes that will come into effect on 1 January 2014, which are as follows: The next issue of our newsletter will provide you with information about other changes that are to become effective in 2014.