The dynamics of international taxation is in a great transformation, especially in recent years, through the practices put into effect by tax authorities one after another. While this situation naturally causes groups that have been structured abroad for a long time to change their practice for years and to restrict the movement area with the […]
Foreward by Andrew Chilvers Businesses across the world are undergoing the biggest remote working experiment since Europeans first sailed from their home ports to set up trading posts in Asia 500 years ago. This time around, however, companies are moving colleagues out of their plush city centre locations to set up offices at home. What […]
On the 8th June 2020, the Prime Minister of Malta, Dr. Robert Abela, has announced a plan to regenerate the economy following the impact of COVID-19 on the country. The plan is based on the three main pillars with the objectives being: Reducing business costs; Enhancing domestic demand; and Supporting employment. The main incentives were […]
IR Global, the world’s largest exclusive network of advisory firms is delighted to introduce Mohammed Mohaisen MBA CPA of Wise Company. Mohammed has joined IR as our exclusive Business Advisory Services, Audit & Assurance Services & Accounting Services member in Palestine. Founded in 2013, Wise Company is a local company licensed in accordance with the amended […]
Foreward by Andrew Chilvers For companies and individuals looking to move into new jurisdictions for business opportunities, setting up a bank account is a crucial part of the process. But this is never as straightforward as it seems. In all countries, banks are obliged to crack down on fraud and any potential financial scullduggery. As […]
IR Global, the world’s largest exclusive network of advisory firms is delighted to introduce Vilmos Wágner of Moore Stephens Wagner Kft. Vilmos has joined IR as our exclusive Audit & Assurance Services Member in Hungary. Moore Wagner has specialised in providing audit, accounting and advisory services to their international clients for more than 20 years. With […]
IR Global, the world’s largest exclusive network of advisory firms is delighted to introduce John F. Coggin of John F. Coggin CPA, PLLC. John has joined IR as our exclusive Audit & Assurance Services Member in Texas. John F. Coggin CPA, PLLC is a full-service, tax preparation, CPA firm focusing on small business and personal IRS […]
Introduction From the outset, Brazil’s transfer pricing rules, which took effect on 1 January 1997, have been very controversial. Contrary to the Organization for Economic Co-operation and Development (OECD) Guidelines, the transfer pricing rules introduced by Brazil’s do not adopt the internationally accepted arm’s-length principle. Instead, Brazil’s transfer pricing rules define maximum price ceilings for […]
IR Global, the world’s largest exclusive network of advisory firms is delighted to introduce Clive Caruana of CCPS Malta. Clive has joined IR as our exclusive Audit & Assurance Services Member in Malta. Clive Caruana is founder and managing partner at CCPS Malta, where he manages a wide portfolio of international corporate and private clients. […]
IR Global, the world’s largest exclusive network of advisory firms is delighted to introduce John Woo of AG Singapore. John has joined IR as our exclusive Audit & Assurance Services Member in Singapore. John is the founder of AG Singapore with more than 10 years of accounting and audit experience in various industries. He previously […]
By Jorge Velázquez. Tax and Patrimonial Partner. Generalities:The 2020 tax reform is perhaps the most aggressive reform against taxpayers for at least the last 30 years, penalties for tax omissions or non-compliance have been severely increased; taxpayers are obliged to establish more and better controls on disbursements so as not to be affected by their […]
Cabinet Degree on Disguised Profit Distribution Through Transfer Pricing numbered 2007/12888, dated 27.11.2007, has been amended by the Presidential Decree numbered 2151, dated 24.02.2020, in accordance with Article 13 of Corporate Income Tax Code numbered 5520. The Presidential Decree basically envisages the followings: Amendments have been made on definition of related party; Master file and […]