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Indonesia imposes tax to crypto asset transactions
The Government of Indonesia has issued regulations to tax crypto asset transactions under the authority of the Minister of Finance. The...
Flexi Group
Aug 10, 20222 min read
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Deadline for comments on the tax treaty between Australia and India
Future treaty amendments might result in higher costs for non-resident Indian service providers. By the end of today, August 8, the...
Flexi Group
Aug 9, 20223 min read
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"Not even close" to pillar two is the US corporate tax
According to experts, the proposed minimum tax would conflict with the OECD's pillar two regime and put other nations at risk of leaving....
Flexi Group
Aug 9, 20226 min read
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Malawi wants a US mining company to pay $310 billion in back taxes
The US gemstone miner Columbia Gem House has been targeted by the Malawian government. According to Agence France Presse yesterday,...
Flexi Group
Aug 8, 20222 min read
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Automated VAT checks will be imposed by HMRC on foreign sellers
In an effort to combat fraud, HMRC has informed tax directors that it will impose automated assessments on online sellers with inaccurate...
Flexi Group
Aug 5, 20225 min read
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Businesses are urged to update their Canadian tax insurance policies
Tax directors claim that businesses are experiencing uncertainty as they attempt to maintain compliance as a result of the CRA's...
Flexi Group
Aug 4, 20225 min read
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As a result of the UK BlackRock ruling, taxpayers must return to the basics
According to sources, the Upper Tribunal's decision against BlackRock regarding interest deductions it claimed on $4 billion in...
Flexi Group
Aug 3, 20224 min read
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Changes to Hong Kong's government might placate the EU but harm tax appeal
The new regime for foreign income exemptions in Hong Kong SAR may take the city off the EU tax watchlist, but it will give Singapore the...
Flexi Group
Aug 2, 20226 min read
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US chip manufacturers will be prepared for tax credits in August
On July 28, Congress passed a bill to increase production at US semiconductor companies with $52 billion in tax credits and other...
Flexi Group
Aug 2, 20225 min read
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US Senate agreement ensures minimum tax rate
While the UK will see tax cuts regardless of who replaces Prime Minister Boris Johnson, the US Senate this week reached a historic...
Flexi Group
Aug 1, 20223 min read
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According to sources, the OECD pillars' impasse could hinder progress on TP
As agreement on the OECD's pillar-two solution stalls, multinationals may still experience problems with transfer pricing. According to...
Flexi Group
Jul 31, 20224 min read
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The competition for tax staff is intensified by economic uncertainty
According to sources, rising competition is making it harder for tax directors to recruit and keep professionals because of global...
Flexi Group
Jul 30, 20225 min read
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Tax directors are dubious about the 2024 start date for pillar one
Two fundamental components, known as Amount A and B, are uncertain, which raises the possibility that the endorsement of pillar one may...
Flexi Group
Jul 29, 20224 min read
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India's GST credits and audits concerns companies
The significant amounts of working capital that are being held up by GST credits and the impending audits in India are causing tax...
Flexi Group
Jul 28, 20224 min read
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Countries are hesitant to introduce a minimum tax
There must be a starting point for the OECD's global minimum tax rate, but according to sources, no nation should implement pillar two...
Flexi Group
Jul 27, 20225 min read
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HMRC releases the proposed legislation (TP)
The draft transfer pricing legislation from the UK government is expected to add more documentation requirements, which will make it more...
Flexi Group
Jul 26, 20222 min read
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For treaty benefits, investors turn to tax-transparent funds
Because of their low tax burdens and higher financial security, tax-transparent funds are becoming more and more popular in the UK,...
Flexi Group
Jul 26, 20224 min read
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Dutch legislation lacks TP certainty
Despite more clarity regarding inter-company loans and financial intermediaries, the TP decree from the Dutch State Secretary for Tax...
Flexi Group
Jul 22, 20224 min read
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To prevent legal disputes, businesses are urged to review chain transactions VAT
Following a decision by the Court of Justice of the EU in a Polish case (C-696/20), tax experts have urged businesses to reassess their...
Flexi Group
Jul 21, 20224 min read
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With the EU VAT reform, UK businesses could have reaped billions
A year after the changes, tax directors claim that an earlier introduction of EU VAT reforms could have increased UK exports to the bloc...
Flexi Group
Jul 21, 20225 min read
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