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.


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.


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


BEPS

Base Erosion and Profit Shifting (BEPS) refers to tax planning strategies used mainly by multinational enterprises to exploit the loopholes in tax rules so as to avoid paying tax


BEPS 2 impact on SME businesses

Ganesh Ramaswamy of K Rangamani and Associates LLP shares his views with Law360 on BEPS 2 and the impact it will have on SMEs.