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Mark Sullivan

Rajendra Nayak

Peter Kleingarn

Elena Kostovska Parliament has adopted the amended Law on the Public Revenue Office, and the law, published on March 22 in the Official Gazette No.39, is effective as of March 30 2012.

Marta Szafarowska Hardly a year has elapsed since the Polish VAT Act was subject to significant amendments in January 2011, April 2011 and then again in July 2011. Taxpayers have to expect further significant modifications because the Ministry of Finance recently announced new draft legislation that, if introduced, would dramatically change some of the VAT rules that had applied since the very beginning of VAT in Poland back in 1993. The rules governing the tax point will change completely, to name just the most important thing, seriously affecting the reporting systems applied by the taxpayers.

Sead Dado Salkovic

A monthly commentary on the notable facts, figures and goings-on in the tax world. Suitable items should be sent to taxrelief@euromoneyplc.com

Napoleão Dagnese head of international tax at OC Oerlikon, a high-tech industrial company, provides a critical analysis of the changes to the Brazilian transfer pricing regime, from the taxpayers’ perspective.

The infrastructure industry is booming in India. But with a raft of tax law changes and a government keen to garner higher taxes from investors, Samir Kanabar, of Ernst & Young offers some insight into key challenges of undertaking an infrastructure project in India.

Harmonising a company’s transfer pricing documentation with customs requirements has always been a contentious issue because of the inconsistencies between the two regimes. David Grace, Emin Toro and Mateo Caballero from Covington & Burling explain how taxpayers can make this process easier.