• Bulgaria Amends VAT Application Rules
  The Bulgarian Ministry of Finance announced new amendments to the application of VAT laws which includes compulsory deregistration of certain foreign entities for VAT.
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• Croatia's Corporate Tax Law Amendments To Take Effect March 1
  Croatia’s parliament passed the amendments related to the Corporate Income Tax Law which is expected to come into effect from March 1, 2012.
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• Germany - Non-Resident Companies Can Obtain Tax Relief After Amendments to Anti-Treaty-Shopping Rule
  The German Federal Council’s amendment of the German anti-treaty-shopping (ATS) rule no longer requires a non-German resident company to generate more than 10% of its gross revenues through its own business activities.
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• Hong Kong: Amendments to Direct Marketing Privacy Ordinance Effective from April 1, 2013
  Hong Kong had made certain amendments to the personal data privacy ordinance last year. It has now announced that the new provisions relating to direct marketing will take effect from April 1, 2013.
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• India Likely to Amend Labour Laws
  The Planning Commission of India has recommended an overhaul of the existing labour laws in order to give a boost to the sagging manufacturing sector, says Nair & Co. which provides global HR services for companies setting up foreign operations.
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• Poland Amends VAT Regulations
  Poland has recently enacted most important VAT amendments which were previously approved in the year 2012. The new provisions are intended to reducing the tax burden, modifying tax procedures and adding new rules related to delivery of the goods or performance of the services, says Nair & Co.’s International Tax Services Team
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