Abstract

The amendment of tax on goods and services which is coming to effect on 1.01.2017 includes regulations that aim to seal the tax system and improve collecting VAT tax. Means to achieve this goal are, inter alia, changes in rudiments regarding VAT settlement in construction business, turnover of precious metals and trade of electronic goods. Additionally, new regulations introduce restrictive rules regarding the registration of persons for VAT purposes and expunction from the registry.