Welcome to Mazars’ eighth annual Central and Eastern European tax guide. Our main purpose is to provide you with an overview of the tax systems in the CEE region. We strongly believe that this publication will help investors understand the complexities of the various CEE tax regimes, as well as highlight the latest developments and trends characterizing the tax regime of a given country.
This year’s issue covers 21 CEE countries and contains information on taxation systems effective at the end of January 2020, i.e. before the pandemic started in Europe. In the first section, the tax systems of the CEE region are presented country-by-country, based on data provided by the relevant Mazars offices. At the end of this guide you will find summary tables that allow side-by-side comparisons of the relevant tax environments.
The primary aim of the publication is to allow for comparisons to be made between the fundamental factors of competitiveness in the region. What are these factors? They primarily include the extent of taxes and contributions on employment: in addition to listing the relevant tax and contribution rates we also show examples for various salary levels and family statuses. Other key factors are the rates and special features of turnover taxes, as well as the corporate income tax system.
A separate table summarizes and compares major CIT characteristics, like tax allowances for research and development activities or loss carry forward regulations, possible group taxation, interest deduction limitations, etc. Moreover, the reader can have a quick overview on the main features of transfer pricing regulations of the countries as well.
In the following, we provide a brief summary of the tendencies in the CEE region as a whole.
Before making any strategic business decisions further discussion and detailed analysis is always required. To that end, we have included the direct contact information of our offices and experts. Please feel free to get in touch with the relevant people with any questions or clarifications you might have.
We hope you find this guide useful.