Dunstan Magro of WDM International and Todd Skinner of Skinner + Company met whilst in Malta last week to discuss ideas and opportunities for cross border investments. It’s always great to see our members meeting up, thank you for sharing this photo with us.
The time limitation for the utilization tax losses carried forward from previous periods have changed multiple times, having raised several questions in taxpayers. According to previous rules, tax losses realized between 2004 and 2014 could be utilized for an unlimited time. As of 1 January 2015, the tax loss carry forward rules had changed and […]
BEPS results in MNE guidance The passing of the Taxation (Neutralising Base Erosion and Profit Shifting) Act 2018 in June 2018 was promoted as NZ’s response to the OECD/G20 BEPS project, introducing a series of anti-BEPS measures to protect the NZ tax base from aggressive practices by multinational enterprises. The new rules prevented MNE’s from […]
Last year’s EU harmonization package related to VAT, which was dubbed “Quick Fixes”, will be applicable in Hungary from 1 January 2020. The changes concern four areas: 1) the general conditions of VAT exemption for intra-Community supplies of goods, 2) acceptable types of proof of transport, 3) call-off stock simplification, and 4) rules for chain […]
The Hungarian Tax Authority has released an updated version of its real-time invoice reporting (RTIR) model. Initially introduced in July 2018, the anti-VAT fraud measure requires that all invoices, including paper, must be reported to authorities live and electronically. Version 2.0 is available from November 2019 for testing, giving time to taxpayers until April 2020 […]
IR Global, the world’s largest exclusive network of advisory firms is delighted to introduce László Soós of Taxnology Innovations Kft. László has joined IR as our exclusive Tax (Accountants) Member in Hungary. László Soós is a tax technology expert and co-founder of Taxnology. Before starting the Taxnology project, László worked in various leading and professional positions […]
IR Global, the world’s largest exclusive network of advisory firms is delighted to introduce Györgyi Jenei of Taxnology Innovations Kft. Györgyi has joined IR as our exclusive Tax (Accountants) Member in Hungary. Dr. Györgyi Jenei is a tax advisor and tax technology expert and co-founder of Taxnology, having a law degree. Before starting the Taxnology project, […]
OECD Work Continues Those of you who managed to digest last week’s AWIR, will recall my comment regarding the OECD’s present project, The Programme of Work and its two pillared approach, and the likely soon to be released public consultation document on the second pillar. Well as Murphy’s Law would have it, no sooner had […]
Dominic Wai of ONC Lawyers (exclusive White Collar Crime member in Hong Kong) recently travelled to Taipei, Taiwan and was able to visit the offices of three IR Global Members. Firstly, here we see Dominic at the offices of Pamir Law Group, meeting recent IR Global Amsterdam Headline Sponsor Nicholas V. Chen (left, exclusive Mergers & […]
OECD digitalisation of economy project update You may recall that the OECD have been tasked by the G20 (itself having recognised the taxation challenges faced by numerous jurisdictions due to the digitalisation of the global economy), to obtain an internationally agreed solution, to the global digitalisation problem. In June 2019, the G20 finance ministers and […]
What is the MLI? The Multilateral Convention to Implement Tax Treaty Related Measures to Prevent Base Erosion and Profit Shifting, also known as the Multilateral Instrument (the “MLI”) is a multilateral treaty that was developed by the Organisation for Economic Co-operation and Development (the “OECD”) as a part of its Base Erosion and Profit Shifting (BEPS) […]
We’re really excited to advertise our 2020 trainee vacancy. To help anyone thinking of applying for the role, we thought we’d ask two of our current trainees to share what trainee life is really like at Inspire. Their stories, in their own words, are below: Jess’ story Starting as an apprentice with Inspire has been […]
