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Daniela Riegel | November 9, 2023

Consolidation package approved by the Senate

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The bill amending certain laws relating to the consolidation of public budgets was approved by the Senate at its meeting on 8 November 2023 in the version approved by the Chamber of Deputies. We have already informed you about the basic changes, e.g. regarding functional currencyexchange rate differenceschanges for employees and self-employed persons, legal entities, VAT, or postponement of the effective date of the limitation of the exemption of income from the sale of securities and shares to 1 January 2025.

The consolidation package will now go to the President to be signed.

Author: Daniela Riegel