top of page
Search


Coca-Cola has filed an appeal with the Internal Revenue Service (IRS) over a tax calculation dispute
Coca-Cola has asked the United States Tax Court to look into the constitutional and tax implications of its 2020 decision in its...
Flexi Group
Jun 7, 20222 min read
Â
Â
Â


Crypto taxation in Cyprus
In this article, we will discuss the various tax implications of cryptocurrencies in relation to the applicable tax regime in Cyprus, in...
Flexi Group
Jun 6, 20224 min read
Â
Â
Â


The IRS is working to raise the audit rate for higher-income taxpayers.
According to a statement recently released with the IRS's annual Data Book, which covers activities for the fiscal year 2021, the agency...
Flexi Group
Jun 3, 20222 min read
Â
Â
Â


Why India's GST system could be jeopardized
State governments may have received a message from India's Supreme Court that they can change GST policy, including tax rates and...
Flexi Group
Jun 2, 20225 min read
Â
Â
Â


According to tax experts, the VAT e-commerce package is causing confusion.
The implementation of the VAT e-commerce package, according to tax directors, has increased the risk of fines for non-compliance while...
Flexi Group
Jun 2, 20225 min read
Â
Â
Â


VAT reductions would not be sustainable in the long run, according to UK tax experts
While tax directors applauded a proposed 2.5 percent VAT cut in the UK, they questioned whether it would be in the country's long-term...
Flexi Group
May 27, 20224 min read
Â
Â
Â


Ireland's VAT plan contributes to the 'legitimization' of cryptocurrency
The Irish VAT plan to impose a 23 percent VAT on cryptocurrency purchases, according to crypto-asset exchanges and platforms, brings...
Flexi Group
May 25, 20223 min read
Â
Â
Â


To avoid risks, MNEs are urged to standardize VAT reporting.
To avoid costly errors and hefty fines, international tax directors have urged multinational companies to standardize their in-house VAT...
Flexi Group
May 24, 20223 min read
Â
Â
Â


Millionaires join Davos protests, demanding that they be taxed immediately
Millionaires have joined protests in Davos, Switzerland, against the World Economic Forum gathering of the business and political elite,...
Flexi Group
May 23, 20222 min read
Â
Â
Â


Corporate taxpayers are not enthusiastic about DEBRA
According to in-house tax advisers, the European Commission's latest industry proposal will obstruct tax alignment by introducing...
Flexi Group
May 20, 20224 min read
Â
Â
Â


'With or without US support,' the minimum tax rate will be implemented.
Despite political obstacles in the United States, tax experts believe that the OECD's proposed 15% minimum tax rate will become a global...
Flexi Group
May 20, 20223 min read
Â
Â
Â


Sources claim that shipping carbon taxes is preferable to climate disasters
Governments are hesitant to raise carbon taxes due to rising living costs in many countries, but tax experts and economists say the costs...
Flexi Group
May 19, 20223 min read
Â
Â
Â


Companies are calling for a reorganization and harmonisation of EU VAT groups
Tax professionals are urging the EU to overhaul and harmonize VAT grouping legislation to eliminate uncertainty and avoid double taxation...
Flexi Group
May 19, 20223 min read
Â
Â
Â


Tax professionals have pointed out flaws in the OECD's crypto reporting template.
As many in-house tax teams rushed to comment on the steps to implement the framework, the OECD's Centre for Tax Policy and Administration...
Flexi Group
May 17, 20224 min read
Â
Â
Â


More Making Tax Digital software solutions are now available for UK businesses
Prashant Ganti, Zoho Corporation's head of tax, accounting, and payroll products, discusses the long-term benefits of cloud accounting...
Flexi Group
May 15, 20223 min read
Â
Â
Â


Tax professionals are calling for EU harmonisation and data usage restrictions
Tax directors have urged the EU and member states to harmonize data requirements to avoid misalignment of requirements among member...
Flexi Group
May 12, 20222 min read
Â
Â
Â


Barclays saves nearly £2 billion in tax thanks to a Luxembourg scheme
For more than a decade, Barclays has avoided nearly £2 billion in tax thanks to a lucrative arrangement in Luxembourg that allowed it to...
Flexi Group
May 11, 20223 min read
Â
Â
Â


During the COVID-19 pandemic, UK businesses increased profit shifting
HM Revenue and Customs (HMRC) is conducting 100 investigations into multinational corporations' tax affairs, including profit-shifting...
Flexi Group
May 8, 20223 min read
Â
Â
Â


Due to reporting standards, businesses are experiencing TP 'compliance overload.'
TP directors argue that the OECD's pillar two project is the most efficient policy against harmful TP practices, citing "compliance...
Flexi Group
May 7, 20223 min read
Â
Â
Â


Companies must adequately disclose the financial impact of Russia's war on Ukraine, according to SEC
The Securities and Exchange Commission (SEC) is warning public companies that the impact of Russia's war on Ukraine on their business...
Flexi Group
May 6, 20223 min read
Â
Â
Â
bottom of page
.png)
.png)


