The exposure to indirect taxation on digital services
Indirect tax obligations as a digital service can be complicated, but Kreston Global indirect tax expert, Rupert Moyle, advises.
Service: Taxation
E-invoicing and VAT in the EU
The harmonisation of rules for e-invoicing throughout the EU to close the VAT gap is a major move to make the EU more digital.
Tax digitalisation
The digitalisation of tax is an extensive subject and has a different meaning to governments, businesses and other stakeholders.
James Cowper Kreston spring statement
Account and business advisors James Cowper Kreston release their 2022 spring statement as the Chancellor addresses the backdrop of the rising inflation.
Kreston’s Clive Owen LLP appoints new tax partner
Clive Owen LLP, chartered accountants and business advisers, has appointed David Baggaley as a fifth Tax Partner at the rapidly growing firm.
How will OECD tax reforms affect SME businesses?
Kreston tax expert and regional tax director in the Kreston Global Tax Group, Jelle Bakker of Bentacera in the Netherlands […]
Bahrain corporation tax implications
As Baharain considers introducing corporation tax, what are the potential implications?
Spanish property investment; tax rules
Understanding tax and VAT obligations of the Spanish property market and confirming residency or permanent establishment could save money.
Why biotechs need a practical approach to going public
David Diamond, audit committee chair and board member of Kreston Global US member, CBIZ MHM, has been published recently in Life Science Leader
FAQ; Tax Implications of Blockchain
The regulatory environment for Blockchain is rapidly changing. This new technology continues to revolutionize social and economic activities. The frequently asked questions (‘FAQs’) below expand upon the meaning of Blockchain, its usage, and corresponding tax implications.
BANSBACH adds BDO firm to Freiburg team
Kreston Global member firm, BANSBACH, has added another location in Freiburg, growing the audit offering. BANSBACH currently has over 400 employees across 9 offices across Germany.
FAQ; Non-Fungible Tokens (NFTs)
Non-Fungible Tokens (NFTs), are cryptographically secured units of data that confirm the authenticity and ownership of a digital asset.
Kreston Reeves strengthens Private Client Tax team with new Director
UK-based Kreston Global firm, Kreston Reeves, has strengthened its Private Client Tax team with the appointment of a new director.
Understanding VAT
VAT and GST are systems that require businesses to charge tax on sales, unless an exemption or other relief applies, whilst allowing for the recovery of the VAT/GST paid on purchases related to those taxable sales.
Sales Tax and Use Tax
Sales Tax is similar to VAT/GST in that it is also charged on supplies of goods and services, but it is a consumption-based tax, charged on the sale to the end consumer rather than throughout the supply chain.
Customs Duties and Customs Clearance
Customs duties are taxes that are imposed on the importation of goods (and possibly certain exportations). The customs duty due is usually based on the value of the imported goods. Subject to the Incoterms used, generally the importer is responsible for paying the customs duty.
Understanding individual tax residence
Guillermo Narvaez, technical director at Kreston Global Tax Group and tax residence expert, from Kreston FLS. He recently shared his […]
Changes to Mexican VAT law in 2022
The new 2022 Revenue Law in Mexico is on track to being approved, only awaiting the Senate´s decision. This initiative under which the Mexican government estimates that it will be attaining just over $7 billion pesos, of which $3.9 billion will allegedly come directly from tax collections.
An Introduction to Trusts
Rebecca Bright, Tax Director for UK-based firm, Duncan & Toplis, has recently published, ‘an introduction to trusts’, outlining various aspects when it comes to understanding the definition, benefits, and intricacies of trusts
Department of Public Finance and Budget, Congo, Africa
In 2014 EXCO CACOGES, a Kreston member firm in Congo, was appointed by the Department of Finance and Budget to carry out an audit of the customs and goods clearance process.
