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The TPA Group
11 Countries. 1 Company. The TPA Group. Tax Advisory | Accounting | Audit | Advisory in Central and South Eastern Europe.
11 Countries. 1 Company. The TPA Group. Tax Advisory | Accounting | Audit | Advisory in Central and South Eastern Europe.

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The #energy report on the Polish wind power sector was released in June 2017, with an up-to-date analysis of developments in Poland, prepared by the Polish Wind Energy Association in cooperation with the Polish Investment and Trade Agency, TPA Poland consulting & tax company and Clifford Chance legal firm.

The world’s wind power sector enjoys a period of prosperity, as it continues to break records – at the end of 2016 wind farms in operation had a total capacity of 486.7 GW globally. However, new capacity installed in 2016 was 54.6 GW compared to 63.6 GW in previous year. In Poland, the installed capacity in wind farms amounts to 5.8 GW, putting #Poland in 7th place in the European Union in terms of cumulated capacity.

Get your free copy of the windenergy report Poland:

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11 countries. 1 company. The TPA Group.

Only those who communicate with their clients at their level and who can fully appreciate every project find the most suitable solutions.

This is what we understand by #FacetoFace Business and we live by this credo. Day in, day out. At a regional and international level. In the areas of tax advisory, auditing and advisory. Find out more about the TPA Group:

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The structure of possessing rental apartment in #Poland is approaching yet another major transformation: the emergence of an institutional rental market, according to the experts of TPA Poland and REAS in the report „Institutional investments in the Polish private rented sector”.
Although operating efficiently, the private rented sector is relatively small and concentrated in large cities in #Poland.

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All you need to know about the new employment bonus (#Beschäftigungsbonus) in #Austria:
At the last minute the employment bonus has been decided and has been in force since 1 July 2017 – meanwhile special directives have been published as well, which can be retrieved here. The employment bonus is a new program to subsidize or lower the non-wage labor costs for additional employees.

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Andrea Rieser, tax advisor at TPA Austria was interviewed by +RTVS , a Slovak TV station on the new employment bonus in #Austria (Beschäftigungsbonus). The interview was broadcasted in the main evening news on 9. July 2017.

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The upcoming amendment act to the Slovak #VAT Act expected to take effect as of 1 January 2018 brings some important changes for business men and investors, like the faster refund of overpaid tax.


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#Romania: New Country-by-Country-Reporting: The ultimate parent entities or other reporting entities of multinational companies resident in Romania are to be obliged to submit a new country-by-country report. This requirement will apply only to multinationals with a consolidated turnover in excess of EUR 750 million.

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On June 26, 2017, the Polish Ministry of Finance issued a warning against the use of tax capital groups (PGK) for aggressive corporate income tax (CIT) optimization. The Ministry of Finance recognized a common trend among PGKs that involved the disposal of key assets, such as developed commercial real estate, combined with the donation of the entire proceeds from the sale to an affiliated company. Such transactions were accompanied by additional operations including an exchange of shares, followed by the formation of a tax capital group (PGK), and then the sale of those acquired shares resulting in the dissolution of the PGK. As a result of these operations, made within a short period of time, the proceeds from the sale of assets were not subject to CIT. According to the Ministry of Finance, this type of optimization in transactions totaled several billion zlotys nationally.

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+Baker Tilly International & the TPA Group at the #Expo Real 2017

Another important point at the Business Development Meeting in Vienna was the introduction of and update on the Baker Tilly fair booth at Expo Real organized by the TPA Group. Expo Real is the most important real estate fair in Europe and it will take place from 4 – 6 October 2017 in Munich.

Find out more:

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On 12 and 13 June 2017, 27 representatives from 15 countries in the +Baker Tilly International Network came together in Vienna with the objective of doing business together. Along with the TPA Group participants from Baker Tilly Germany , +Baker Tilly Berk in the Netherlands, Baker Tilly in Ukraine and Baker Tilly Russia attended.
The half day meeting on 13 June was moderated by Klaus Bauer-Mitterlehner, Partner at TPA Austria. The well-planned agenda began with a keynote speech “Investment Outlook in CEE/SEE” by Lubomir Mitov, who is the Managing Director/ Chief CEE Economist at +UniCredit Bank AG.
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