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Main > 2017 > Archive for: January

Month: January 2017

31Jan2017
By adminin News

Cypriot government release detailed provisions on tax reporting standards

On December 30th last year, the Minister of Finance in Cyprus issued a Declaration regarding its Country-by-Country reporting standards. This legislation is currently administered by the powers conferred by Section…

30Jan2017
By adminin News

Cyprus and Russia to suspend the implementation of Article 13 for the avoidance of double taxation

The Treasury in Cyprus announced last week that it had reached an agreement between Russia and Cyprus authorities for the effective suspension of the Protocol application for amending Article 13.…

25Jan2017
Tatiana Cherkes has received the ACCA qualification
By adminin Milestones

Tatiana Cherkes has received the ACCA qualification

Tatiana Cherkes, our Accountant in Cyprus office, has taken her final exams to get ACCA qualifications and become a member of the Association of Chartered Certified Accountants. The certification requires…

19Jan2017
By adminin News

EC launches VAT reform consultation

The EC has launched a consultation regarding reforms surrounding EU legislation governing VAT rates. The Commission aims to present a proposal for a new VAT Directive in the third quarter…

16Jan2017
By adminin News

The Treasury Committee propels immediate delay to Making Tax Digital

The MPs say the programme initiated by HMRC ‘could be a disaster’ if implemented in such a short span without proper evaluation, and release a set of extensive recommendations Making…

13Jan2017
By adminin News

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13Jan2017
By adminin News

Mauritius government publically repudiates tax haven status

Mauritius’s Financial Services Commission (FSC) has spoken out after an Oxfam policy paper gave the jurisdiction a tax haven label, which the Financial Services Promotion Agency (FSPA) has also publically…

13Jan2017
By adminin News

Huge increase in UK VAT registrations following new regulation implementation

The HMRC in the UK has reportedly received a huge upsurge in online VAT registration applications in 2016, after the introduction to hold online shops accountable for unpaid VAT to…

13Jan2017
By adminin News

Australian Tax Office to pass unpaid tax debts to credit agencies

As per new legislation recently announced by the government, the Australian Taxation Office (ATO), going forward, will be allowed to disclose any data regarding the tax debts of certain businesses…

13Jan2017
By adminin News

HMRC lacks contingency plan for new online tax repayment system

The HMRC in the UK has boldly decided not to take any contingency measures with the Treasury in the event it should run into complications with the digitisation of the…

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