The amendments to the Tax Code that entered into force as of 2026 are regarded as the beginning of a new phase in tax relations. These changes aim to strengthen tax control, increase transparency, and establish more predictable mechanisms for taxpayers.
This article provides a professional legal overview of the 2026 Tax Code amendments, the new tax regulations, and the legal risks arising for businesses.
Main Objectives of the 2026 Amendments to the Tax Code
The primary objectives of the recent changes in tax legislation are as follows:
- Improvement of tax administration
- Prevention of the shadow economy
- Enhancement of trust between taxpayers and tax authorities
- Promotion of voluntary tax compliance
This approach is particularly significant for medium-sized and large businesses in terms of proactive tax risk management.
Implementation of the Horizontal Monitoring Mechanism
What is Horizontal Monitoring?
Within the framework of the 2026 Tax Code amendments, the horizontal monitoring mechanism introduces continuous and transparent cooperation between taxpayers and tax authorities. Under this mechanism:
- The number of tax audits is reduced
- Tax risks are identified in advance
- Disputed issues can be resolved without court proceedings
Who Is It Intended For?
Horizontal monitoring is mainly designed for taxpayers with transparent financial records and a high level of tax compliance, offering long-term legal advantages.
Changes in Tax Rates and Incentives
As part of the 2026 amendments, certain tax rates and incentive mechanisms have been revised. These changes:
- Encourage investment
- Reduce the tax burden for specific sectors
- Make the business environment more attractive
However, proper legal assessment of the conditions for applying tax incentives is essential. Otherwise, tax risks may arise.
Changes in Depreciation Rules
The 2026 amendments to the Tax Code have also affected depreciation regulations. The new rules allow for:
- More accurate valuation of assets
- Increased transparency of financial statements
- Optimization of tax planning
Incorrect application in this area may result in tax penalties.
Legal Risks and Recommendations for Taxpayers
The new tax regulations require greater legal diligence from taxpayers. It is recommended that:
- Tax accounting and reporting be reviewed
- Tax planning be based on solid legal grounds
- Professional tax and legal advice be obtained
This approach helps prevent tax audits, tax disputes, and financial losses.
The amendments to the Tax Code effective from 2026 create a more transparent and manageable tax system. Professional legal support is especially important to ensure the correct application of these changes. You can contact us and benefit from a consultation.
