United Tax Network – The smarter choice

United Tax Network – The Smarter Choice

We Listen, We Commit, We Act.

Automatic exchange of information as of January 1, 2015

As mentioned in our newsflash of October 2014, EU Member States started the automatic exchange of information on certain income e.g. income from employment, director fees, life insurances, old age pensions and income from immovable property. When filing their income tax returns, taxpayers should make sure to be in compliant with cross borer income in order to avoid penalties.