LEGAL BULLETIN II/2021

I. Acts and regulations for their application

Bill amending and supplementing the Anti-Money Laundering Measures Act

In SG Nr. 7 of 2021 was published the Law for amendment and supplement of the Law for the measures against washing of guards.

In Art. 4 item 19 was repealed, thus the wholesalers dropped out of the obligated subjects under the AMLM Act.

II. Draft bills and discussions

Draft bill for supplementation of the Corporate Income Tax Act

The draft bill supplementing the Act on Measures and Actions during the State of Emergency, announced by a decision of the National Assembly of March 13, 2020, and on overcoming the consequences, published on January 29, 2021, provides for an amendment to the Corporate Income Act taxation.

The text of the bill provides for a new Art. 78a, on the grounds of which the newly established taxpayers in 2020 will not make advance payments for corporate tax in 2021. Exceptions will be taxpayers, newly established in 2020, but as a result of transformation under the Commercial Law, who make quarterly advance payments for corporate tax in 2021.

III. Bylaws

Amendments in Ordinance H-18 were proposed

The amendments of Art. 118 of the VAT Act, promulgated in the State Gazette, Nr. 104 of 2020, abolished the obligation of traders reporting sales through a fiscal receipt and using software for sales management in their retail outlets to use only software included in the public list of the NRA. Instead, changes in the law provide some relief for taxpayers who choose to use registered software.

The proposed amendments in Ordinance Nr. Н-18 of 2006 for registration and reporting through fiscal devices of sales in retail outlets, the requirements for software for their management and requirements for persons who make sales through an e-shop refer mainly to the amendments to Art. 118 of the VAT Act.

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