Dear clients, The first half of the year has quickly passed and at the beginning of the summer holidays we would like to remind you of the tax returns 2017. General deadlines for tax returns 2017 The annual tax returns (income, VAT and corporation tax as well as the declarations for partnerships) must be filed with the tax office no […]

Tax Returns 2017

US Expatriates Living Abroad – What You Should Know About the New Tax Law – Part II The Tax Cuts and Jobs Act 2017 (TCJA) changed many things, including reporting and taxing requirements for US taxpayers living abroad. While the plan was marketed as a much needed tax simplification for Americans…   LEARN MORE   Contributed by: Marc J Strohl, […]

AITC Newsletter May 2018

Dear clients, concerning the General Data Protection Regulation (GPDR) and the input on our business relation we send you the following information. Our company is fully compliant with the GPDR. Controller Our Chamber of Accountants and Auditors in Austria (Kammer der Steuerberater und Wirtschaftsprüfer) has legally classified our entire activity and position towards clients as “controller”. Therefore we do not […]

General Data Protection Regulation – Casapicola & Gross acts as ...

$1 Billion in Refunds Still Unclaimed from 2014 Returns Under Internal Revenue Code Section 6511(a)Period of Limitation on Filing Claim.— a claim for refund or credit must be filed by the taxpayer within 3 years from the time the return was filed or 2 years from the time the tax was paid, whichever of such periods…   LEARN MORE   […]

AITC Newsletter April 2018

Are you getting your GST Refunds on time? This write up highlights the GST Refund process followed in Papua New Guinea (PNG) and is useful for all business, who are eligible for refund claim. We have adopted a question-answer approach, to make this more informative…   LEARN MORE   Contributed by: Justyna Leszkowicz, of Marianski Group. New chairperson for the […]

AITC Newsletter March 2018

Dear clients, In Austria, companies that carry out research and development are financially supported by the state. They may claim a research premium for certain research and development expenses. This research premium is valid regardless of the legal form of the company. Amount and calculation of the research premium For the year 2017 the research premium is 12%, from January […]

Austrian premium for research and development has been increased to ...

Turkey: Income & Corporate tax rate reduction The General Communiqué No: 301 on Income Tax was published in the Official Gazette dated December 23, 2017 and numbered 30279 made explanations on the application of tax deduction to compliant taxpayers. Who are within the scope of this Communiqué?…   LEARN MORE   Contributed by: Marc J Strohl, of Protax Consulting Services […]

AITC Newsletter February 2018

What the tax reform bill means for individuals Passive H.R. 1, known as the Tax Cuts and Jobs Act, which both houses of Congress passed on Dec. 20, contains a large number of provisions that affect individual taxpayers. However, to keep the cost of the bill within Senate budget rules, all of the changes affecting individuals expire after 2025. At […]

AITC Newsletter January 2018