Accountancy and Tax

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Look through approach accounting, Taxes in Russia,

Recent Developments in Dividends Payment: Tax Optimization and Additional Questions

Posted on by Althaus Group under , , ,

According to the general rule, a Russian company which pays dividends to a foreign company is liable to withhold tax (WHT) at a standard rate of 15% (if a DTT (Differ Tax Treaty) is applicable, the WHT rate can be reduced up to 5%). Finally, an individual, which receives dividends, is liable to pay personal… Read More

Portugal Non Habitual Resident regime

Portugal: A Country of Contradictions and Balances

Posted on by Associados Sociedade de Revisores Oficiais de Contas, Lda under ,

Portugal: a country full of energy that welcomes both citizens and companies, both leisure and business and that grows with you as you grow with experiences and sensations lived in Portugal. As time goes by and different time zones get closer and closer, Portugal enhances its quality in what is an art – to host…. Read More

Mexico Tax, Mexican Free Tax Zones

Mexican Free Tax Zones

Posted on by DFK México under , , ,

Since 2016, the Mexican government has been working in the development of Mexico tax free zones (hereon FTZ) within Mexican territory. For that purpose, specific laws were passed and enacted so as to a provide necessary legal framework for investors to establish businesses in those regions. The underlying rationale for creating the free tax zones… Read More

Sweden GDPR, Sweden GDPR implementation

How GDPR Has Impacted Accountancy in Sweden

Posted on by Hummelkläppen i Stockholm AB under , , ,

Like all other countries in Europe the introduction of GDPR, The General Data Protection Regulation has been a big issue in Sweden during the last month. The new legislation took effect the 25th of May 2018. As an accountant and accounting consultant, most of the new data protection regulation is affected. Everyone handles personal information… Read More

How to start a small business in Spain

Obligations That Must Be Met When Starting a Business in Spain

Posted on by BNFIX Auditores under , , ,

When starting a a small business in Spain, there are some legal requirements that are often missed but need to be explained to the potential investors and fulfilled by all kinds of companies. These obligations are the legalization of the accounting records and other company’s documents which is compulsory as established in the Spanish Commercial… Read More

Look through approach accounting, Taxes in Russia,

Coming Soon: Simplified Tax Registration Procedure for Newly Established Companies in Russia

Posted on by Althaus Group under , ,

Taxes in Russia The Russian Federation (hereinafter “Russia”) is not the only state in Europe where the tax authorities apply strict rules to a Company’s registration including its business address especially for newly established legal entities (companies) and further proactive control procedures (please see the earlier post by Andre Beukes “Acquiring a business address in… Read More

Italy, overcoming the challenges of globalization

Italian Accountancy: Overcoming the Challenges of Globalization

Posted on by DFK Italia under , , , , ,

Italy is an anomalous case among the developed countries because for a quarter of a century it has been the country with the lowest growth rates. The reason, according to the generality of economists, must be traced back to the difficulty of adapting the public administration and the productive structure to the challenges of globalization,… Read More

Changes in China Tax Policy

Major Changes in China’s Tax Policy

Posted on by Shanghai CPA Firm under , ,

(For brevity and readability consideration, we only cite part of the tax policies in report; for complete and detailed information, please refer to relevant document paper issued by China’s tax bureau.) 1. Replace business tax with value-added tax (VAT) The reform of business and VAT on May 1st 2016 had significant influences on the transportation… Read More

Using Artificial Intelligence to Reduce Business Risk – CIB Implement Cutting-Edge Program MindBridge

Posted on by CA SMSF Specialist CIB Accountants & Advisers under , , , , , ,

We live in an ever-changing and exciting world when it comes to data. Gone are the days of manual ledgers, paper trails and shredders as we now look to “blockchain”, “cryptocurrencies” and “cloud accounting” systems. Big Data and the analysis of such are becoming hot topics, and as we move to a world where access… Read More

Brazil, EFD-Reinf, e-Social

2018: The Year of Technological Advance for the Accessory Obligations

Posted on by Adviser Auditores Independentes under , , ,

At the beginning of 2018, the delivery of information related to social security had almost become completely online with input from the e-Social. The e-Social is a registration system, elaborated by the Federal Government, with the purpose of facilitating the collection of the information related to workers. All the information comprises a single database and… Read More