The National Bank of Ukraine has announced, on 23 January 2025, to raise the key policy rate from 13.5% to 14.5%, effective 24 January 2025. This decision is aimed at maintaining the stability of the foreign exchange market, keeping inflation

Officials from the Czech Republic and Kenya have announced the conclusion of negotiations for a first-ever income tax treaty between the two countries on 22 January 2025. The treaty aims to eliminate double taxation of income and prevent tax

The Czech Republic and Kenya held their third round of income tax treaty negotiations from 20 to 23 January 2025. Any resulting income tax treaty will prevent double taxation and pertain to taxes on income and prevent tax evasion between the

The Czech Republic has announced it will amend the Value Added Tax (VAT) Act to include a VAT base correction period extension and changes to the rules for correcting the VAT base. The VAT base correction period has been extended to seven years,

The State Tax Service of Ukraine has announced changes to the transfer pricing rules concerning the identification of related parties and controlled transactions on 31 December 2024. Changes to the Tax Code of Ukraine came into force regarding

The Czech Republic’s Ministry of Finance has published the text of a Competent Authority Agreement (CAA) concerning the exchange of country-by-country (CbC) reports with the United States on 9 January 2025. This agreement between the two