IFRIC 22 endorsed for use in the EU
On 28 February 2018, IFRIC 22 Foreign Currency Transactions and Advance Consideration was endorsed by the European Commission for use in the European Union. The EU effective date is the same as the IASB’s effec…
ESMA publishes a report on the activities of accounting enforcers and their findings within the EU in 2017
On 3 April 2018, the European Securities and Markets Authority (ESMA) published a report on the enforcement and regulatory activities of accounting enforcers within the European Union in 2017.
Internatioanal taxes in brief: EU list of non-cooperative tax jurisdictions
On 8 March 2018, the EU’s list of non-cooperative jurisdictions in taxation matters has been adjusted in the light of commitments made by listed jurisdictions and assessment of jurisdictions for which no listin…
International taxes in brief: Danish draft bill would end retroactive merger provision
Companies in Denmark that engage in cross-border mergers will no longer be entitled to retroactive effective dates for the mergers under a proposal by Danish Minister of Taxation.
International taxes in brief: ECOFIN agrees on tax intermediaries directive
On 13 March 2018, EU finance ministers reached political agreement on the tax intermediaries directive proposed by the European Commission on 21 June 2017 that would require mandatory reporting by tax intermedi…
Read the May issue of dReport
Tax, law, grants and incentives, accounting – all in one place. This is our dReport. Download our summary pdf. containing all articles
Current Trends in the Area of Deduction
As we have informed you in previous articles, R&D tax deductions are increasingly more often examined by the tax administration. The growing number of audits, which often result in legal disputes, leads to …
The Constitutional Court’s ruling on electronic sales records is the Act of the Year 2017
The winner of the ninth annual Act of the Year survey is the initiative for more prudent regulation of business, i.e. the ruling of the Constitutional court on electronic sales records (“EET”). The expert publi…
Amendments to IFRS 9 endorsed for use in the EU
On 22 March 2018, Amendments to IFRS 9 Prepayment Features with Negative Compensation were endorsed by the European Commission for use in the European Union. The EU effective date is the same as the IASB’s effe…