On 17 December 2019, the International Accounting Standards Board (IASB) published an exposure draft of a new standard 'General Presentation and Disclosures' that is intended to replace IAS 1 'Presentation of F…
On 1 January 2020, an amendment of the EU VAT Directive entered into effect; it brings, among other things, a change in the rules for reporting supplies to consignment warehouses. The change applies to taxpayer…
The European Financial Reporting Advisory Group (EFRAG) updated its report showing the status of endorsement of each IFRS, including standards, interpretations, and amendments, most recently on 23 January 2020.…
Leaders from the USA and France agree on a compromise in collecting digital services tax by France. The Australian tax authority focuses on the taxation of cross-border transactions with intangible assets. The …
Combating the legalisation of proceeds of crime (anti-money laundering or AML) and terrorist financing has continuously been a vibrant area at the both international and local levels, which is largely reflected…
In this article, we will briefly summarise the main features of Interpretation I-40 of the National Accounting Council entitled “Reporting of Intangible Results of Research and Development”.
Applications are still being received in several OPEIC programmes. The table below shows the current timetable for the calls already announced, including the deadlines set for receiving subsidy applications in …
What changes in the VAT Act are in preparation? What are the greatest difficulties related to reducing the VAT rate on draught beer? How to look at benefit cards from the VAT perspective? These are just a few o…
General Financial Directorate issued new comprehensive guidance on the taxation of the income generated by tax non-residents from activities performed by means of a permanent establishment. The new guidance rep…