The Cyprus Tax Department has issued a circular outlining the revised tax treatment of intra-group financing arrangements which apply from July 2017.
Keeping the cyber criminals out : Germany’s response to increase in cyber threats
Cybercrime is an increasingly real threat to business leaders. How can you stay aware of your cyber security and data privacy risks while embracing opportunities for growth?
Long overdue? Cyprus Commissioner of Taxation outlines policy on late taxes
Cyprus: On 23 June 2017, the Commissioner of Taxation outlined the procedure for settling overdue taxes.
MLI: 67 countries sign new tax treaty
Supporters of the MLI claim that it will increase the proceeds from taxes by at least $100 billion.
Room for improvement? Accountancy profession still responding to needs of women and millennials
There are two challenges facing the accountancy industry that could help it better recruit and retain the ‘cream of the crop’ graduates.
Germany: Threshold for simplified invoices rises to €250 in New Year
Germany: New legislation designed to reduce administrative burdens and simplify tax rules is to be introduced. The new legislation raises the threshold for simplified invoices from €150 to €250.
Should your firm be in the cloud?
Tapping into the cloud allows sole practitioners to utilise the same platforms and applications as the largest firms in the world.
VAT: Rules on supply and installation
Supply of goods with installation services is treated as a single VATable transaction. This generally triggers an obligation to register for VAT.
Russia prepares new tax-free system
It is expected that the tax-free system will start operating from 1 October 2017, initially in Moscow, Saint-Petersburg and Sochi.
Spain introduces new Immediate Information Supply System (SII)
The AEAT was formally announced in Royal Decree 596/2016 of 2 December and its entry into force has been approved with effect on 1 July 2017.
