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Monthly Archives: April 2014
Donation tax in case of written-off liabilities
The donation tax is determined by Local Taxes and Fees Act (LTF Act) and the tax scope generally includes transactions where items were acquired by donation.
Documenting business processes – how and why?
Various business processes exist in every organization. As we discussed in the article “And let’s talk about control…” every business needs control, but before we talk about control we should define the business processes. The way of describing and documenting … Continue reading
Posted in Business, Business process management, Business processes, Software
Tagged BPEL, BPM, BPMN, business process, instruction, methodology, procedure, process, task
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Tagged BPEL, BPM, BPMN, business process, instruction, methodology, procedure, process, task
Leave a comment
Can physical persons get VAT registered under the VAT Act?
Years ago it was quite unpopular physical persons to be registered under the Value Added Tax Act (VAT Act), but a legal requirement for natural persons to get VAT registered under certain conditions does exist. This used to be so … Continue reading
Downpayments – a VAT credit right in case of registration under the VAT Act
I will neither comment on the general conditions of the VAT credit right nor the overall procedure of using a VAT credit in case of registration under the VAT Act. I will only review the possibility of a VAT credit … Continue reading