Anti-Tax Avoidance Directive 3 (ATAD 3), also referred to as the Unshell Directive, is a pivotal proposal by the EU Commission aimed at curbing the misuse of shell entities for tax purposes.
The December 2023 issue of the Kreston Brighture newsletter delves into recent advancements in financial and tax policies. This section highlights the latest changes, offering insights into their implications for both businesses and individuals.
Economic substance exemption rules ensure that companies conducting business in a particular jurisdiction have a genuine economic presence and conduct real economic activities, rather than simply establishing shell companies for tax avoidance purposes.
Find out how the Bahamas Business Licence Act, 2023, a more comprehensive regulatory framework will affect your Bahamian business.
As of 2024, new rules on tax residency in Italy will change. The amendments may generate new implications when the tiebreaker of a DTA signed by Italy is intended to apply.
A certificate issued by a competent tax authority confirming residence for tax purposes is broadly accepted as proof of residence of an individual. However, a recent ruling in the Spanish courts casts doubt on that.
The Mexican Federal Revenue Law 2024 update by the Mexican Senate is now benefitting from the recently approved Federal Revenue Law for the fiscal year 2024, marking a significant increase in the country’s projected revenues.
Each state and many local jurisdictions have authority to impose a sales and use tax, subject to U.S. constitutional restrictions.
Kreston Global firm, Brighture, shares its expertise in its latest newsletter covering financial news and updates from China.
Explore the VAT implications of interim rental for new residential properties in the UK, including strategies for VAT recovery, HMRC’s adjustment policy, and alternative approaches. Understand the key factors impacting VAT on property development and rental.
A recent High Court ruling serves as a stark reminder to businesses that they cannot take previous HMRC VAT enquiries or inspections as a conclusive assurance of their VAT compliance
The Labour Party’s proposal to remove VAT exemption from independent school fees is examined in a recent article by VAT expert Meera Rajah.
Kreston Global has welcomed Nigerian firm, Pedabo, to the Kreston Global network.
International VAT guides Navigating the complexities of international taxation can be an overwhelming experience, particularly as global regulations are continuously […]
Herbert M. Chain and Guillermo Narvaez explore global cryptocurrency accounting and tax standards in a recent article in Bloomberg Tax.
Kreston BSG is hosting a webinar on U.S. Market expansion for Latino entrepreneurs with guest speaker Veronica Quintana, Leader of the Latin-Owned Business Practice at CBIZ MHM. The webinar will be held in Spanish.
In the age of globalisation, businesses often set up operations in multiple countries, exchanging goods, services, and intangible properties within […]
Surandar Jesrani of MMJS consulting in Dubai shares his thoughts on the implication of UAE’s corporate tax update with eprivateclient magazine.
Kreston TDL Italy, a member of Kreston Global’s international network, has created a detailed 128-page guide to setting up a business in Italy.
Kreston Global firm, Brighture, shares its expertise in its latest newsletter covering financial news and updates from China.
