Industrial group BLRT recently learned that it must comply with Estonia’s new Cybersecurity Act, which entered into force this year. Based on the company’s experience so far, BLRT Group IT Director Marek Trautmann has a clear message: “Compliance should not be left to chance.”
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Grant Thornton Baltic assessed the fair value of AS Ekspress Grupp in connection with the squeeze-out process initiated by its majority shareholder, HHL Rühm OÜ.
From a taxation and accounting perspective, gift cards are not merely payment instruments. Their treatment depends both on the type of gift card and on whether the card is sold or given away free of charge. Therefore, now is a good time to revisit when and how gift cards should be taxed and how they should be properly recognised in accounting.
Starting on 10 February 2015, all circumstances that enable a company to make income tax-exempt disbursements to shareholders or partners in the future must be declared.