Tax and legal news

The new Legal 500, the prestigious worldwide review of law and tax firms, has been published in March 2025.

An extensive amendment to the Value Added Tax Act came into effect at the start of January 2025. The main new changes are described below.

Limited exemptions for the sale of securities and shares Exemption of income from crypto-assets Increased tax deduction of donations is effective until 2026 Depreciation of photovoltaic power plants

No new Accounting Act for 2025 has been approved.

The excise tax rates on cigarettes and selected tobacco products have been raised by 5 per cent as of 1 January 2025.