01.12.2017
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Changes in taxation of traders (3/48/17)

Social insurance Tax PIT
The latest amendments to the Personal Income Tax (PIT) Act and the National Social Insurance (NSI) Act include a set of amendments relating to the tax treatment of traders. These amendments were adopted in the summer and came into force on 8 August. Also, amendments to the Cabinet of Ministers’ Regulation No. 899, Application of Provisions of the Personal Income Tax Act, were approved on 14 November. This article explores some of the changes in the PIT and NSI treatment of traders.

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