📋 Tender Overview
The tax administration has earlier announced the implementation of some sector plans during 2020 including the construction sector. Promoting voluntary compliance with tax obligations is our primary goal and the continuity of actions that are being taken is aimed at first making the taxpayer better acquainted with legal requirements. The benefit of this approach is the notification that will be sent to the taxpayers operating in the construction sector.The object of this notice concerns the sale supply of buildings bringing to the attention of taxpayers and not only the attitude of the tax administration. Taxpayers are required to issue tax invoices at the time of collection of each installment by the clients. Taxpayers should exercise caution when recognizing income in the financial result by correctly assessing the status of buildings in relation to principles in accounting standards.
