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Member Articles


Form 720: Informative Return on Assets and Rights Located Abroad

We would like to remind you that the deadline for filing the informative return on assets and rights located abroad (form 720) for the financial year 2023 is between 1 January and 1 April 2024. This tax reporting obliga ...

Answers to Your Tax Season Questions

The IRS announced it will open the 2024 income tax return filing season on January 29. That’s when the tax agency will begin accepting and processing 2023 tax year returns. Here are answers to seven tax season questio ...

Approval of the Models of the IRS Declaration Forms

Ordinance no. 39-B/2024 of 2 February was published, approving the model forms for complying with the annual obligation to declare the income of natural persons (Model 3) and the respective instructions on how to fill th ...

When Is a Tax Cut Not a Tax Cut? When It’s an Election Promise!

Politicians of all shapes, sizes and party preferences do it, however, the question they always ask is, can I avoid getting caught breaking my promise? When the subject matter at hand is an election promise combined with ...

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