Changes in taxation

Tax-deductible R&D expenses become an incentive for businesses

A Government proposal envisages a permanent tax incentive for business enterprises that conduct research and development operations, consisting of a basic deduction related to existing R&D costs, and an increased deductible amount that will depend on how much the company's R&D activity has grown.

Changes to the EMCS system 2023

• EMCS changes in 13 February 2023:
• EMCS expands to cover duty-paid products
• EMCS moves to MyTax
• Paper SAAD documents can no longer be used
• New registrations

Digital platforms: standardised reporting liability 2023

In the EU Member States from 1 January 2023 comes into force an aligned liability to report information about services and sales of goods carried out through digital platforms.

Payment service providers have an obligation to provide information about cross-border payments as of 1 January 2024

Starting 1 January 2024, payment service providers located within the EU will have a new obligation to provide information about cross-border payments. Payment service providers include banks and credit institutions, for example.

New features to MyTax

Following the tax system upgrade, on 21 November 2022, improvements and new functionalities were also introduced into MyTax.

You will see the changes to the tax summary for the first time in January.