Tax Question:Does the Canada Revenue Agency (CRA) request information by email? Facts:Everyday millions of emails are sent, some legitimate and some not. Of the non-legitimate emails, some are considered to be ‘phishing’. Phishing is when a sender tries to obtain private information, such as birth date, social insurance number, passwords, banking details, credit card details, by […]
EY is today ranked the world’s most attractive professional services employer in Universum’s annual World’s Most Attractive Employer ranking, matching its historic achievement last year. For the second year in a row EY has also been ranked #2 among all employers, second only to Google. The Universum World’s Most Attractive Employer ranking is an annual […]
Tax Question:Why do accounting fees vary year to year? Facts:As with many costs, the fees for preparing the year end financial statements and tax return can vary considerably and generally increases more often than they decrease. There is a misconception in the market place that since the accounting information looks the same every year, it should […]
Tax Question: Why is it important to have a group of business peers and how can it help my business? Facts: When you are running your own business, often times it is just you at the top. You may not have a partner or active corporate board involved in the business to help you make wise […]
I am visiting London on business and I am available for meetings on the following days:Monday 13th OctoberTuesday 14th – Afternoon onlyFriday 17th OctoberI am looking to meet with individuals or firms that have interest in the following:• Tax-efficient structures for shipping companies (1.75% tax)• Corporate structures using Barbados to do international business (2.5% to 0.25%), and• […]
Have you ever wondered how Canada Revenue Agency (CRA) “chooses” who to audit? Read on as we outline the common tax audit methods used by CRA. Tax Question: What are the common tax audit methods used by the Canada Revenue Agency (CRA)? Facts: CRA pursues audits of taxpayers based on risk assessment and […]
High Income Child Benefit Charge Child benefit started to be taxed from 9 January 2013, but only in cases where the claimant or their partner received income of over £50,000 a year. HMRC have been writing to those individuals who said they had received child benefit and earned over £50,000 in 2012/13, but who did […]
International Referral, the world’s largest exclusive network of advisory firms is delighted to introduce Andrei Rotiu of OFFSHORETAX. Andrei has joined IR as our exclusive Tax (Accountants) member in Romania. Andrei Rotiu, OFFSHORETAX managing partner, has worked at the firm since 2010. He specialises in international tax planning, company formation, audit, banking, e-commerce solutions and asset protection. […]
Tax Question:What is Transfer Pricing and what are the rules and policies in place? Facts:Transfer pricing is the method used to allocate a multinational group’s net profits or losses before tax to the countries where it does business. The transfer price is the rate charged for the goods or services between these related entities of […]
Welcome to the September 2014 edition of our Inspire newsletter. The directors at Inspire were nominated to do the ALS ice bucket challenge on Facebook and they completed it at the end of last week. To see Warren, Andrew and Mike get drenched outside the Inspire offices click here. In less than a week […]
Tax Question:What is Thin Capitalization and what are the implications? Is it a domestic or international tax issue? Facts:Thin Capitalization Rules are an international tax issue. They are the tax rules which limit the deductibility of interest paid by Canadian resident companies on interest bearing debt from non-resident (foreign) companies which are related to a person […]
‘Over the Top’ Warren Munson – Journey of a lifetime On the 9th September I and eight others will go ‘Over the Top’ and embark on the next cycling challenge (they seem to get madder each year!), starting in Bordeaux and cycling deep into the south of France to Perpignan, all to raise money […]