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Fiscalization 2.0 refers to electronic fiscalization of invoices (eInvoice) — it is intended for transactions between business entities (B2B) and between entities and public authorities (B2G).
Unlike the classic fiscalization (1.0), which focuses on invoices issued to final consumers (B2C), in eInvoice the fiscalization process is separated from the invoice issuance itself.
Not every B2B transaction is required to use eInvoice and fiscalization — the obligations are defined by law and apply only to entities that are legally designated as issuers or recipients of eInvoices in specific cases.
Generative AI (GenAI) is no longer just a buzzword - it’s reshaping how businesses operate. Yet private companies are still playing catch-up. According to Grant Thornton’s survey of over 550 global business leaders, only 57% of private companies have adopted GenAI, compared with 80% of public companies. This gap puts private firms at a disadvantage as competitors leverage AI to enhance customer experiences, streamline operations, and generate new revenue streams.
The CISOs (Chief Information Security Officer) needs to be part of the leadership team that drives your business. However, in many organizations today, this is not the case - putting both the organization and individual roles at risk.
According to the Local Taxes Act, a property tax payer is required to report any changes relevant to the determination of their tax obligation to the Tax Administration by 31 March of the tax assessment year.
New research from Grant Thornton reveals that without immediate action, gender parity in leadership positions will not be achieved until 2051. This stark reality underscores the urgency of addressing gender inequality.
Grant Thornton provides an overview of the announced key changes in the Tax Reform, which will largely come into effect on 1 January 2025. A new round of tax changes has been announced, and the changes are comprehensive, from real estate tax to VAT. The personal allowance is increasing from 560 to 600 euros, which automatically results in an increase in deductions for dependents. The threshold for paying a higher income tax rate is increasing from the current 50,400.00 euros per year to 60,000.00 euros.
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