TAX UPDATE

The Second Protocol to the Agreement for the Avoidance of Double Taxation between Vietnam and SingaporeTax policy on promotional goodsValue Added Tax (“VAT”) policy for Export Processing Enterprises (EPEs) licensed...

Taxation and other costs have to be kept in mind when deciding on purchasing property.

Whilst George Osborne, the British Minister of Finance, has suggested that multinationals that use aggressive tax planning tactics to reduce their corporation tax liabilities will face far greater levels of scrutiny, ...

International, China, Great Britain

Peter Lüdemann, a board member at Ecovis, has issued the following statement on the key findings of Ecovis' bankruptcy law barometer. "In 1999, Germany introduced a reform of its bankruptcy law, with the aim of safeguarding and...

Guidance on personal income tax finalization for 2012On 15 January 2013, the General Department of Taxation issued Official Letter No. 187/TCT-TNCN providing guidance on finalization of Personal Income Tax (“PIT”) for 2012. This...

According to Art. 1 of the Law 7/2012 of 29th October for the prevention of and fight against fraud and the Real Decree 1558/2012 of 15th November, taxpayers are obliged to report about their goods and entitlements located...

It is clarified in which cases the new provisions for invoicing have to be applied.The provision of certain financial and insurance services does not require the issuance of any invoice, unless the transaction invoiced incurs...

Cash payment limitations:

with regard to transactions with the intervention of at least one entrepreneur or self-employed with regard to transactions equal to or greater than 2,500 Euros (or its equivalent in foreign...

New resolution on measures to solve the corporate and business difficultiesOn 07 January 2013, the Government issued Resolution No. 02/NQ-CP introducing various measures to solve the corporate and business difficulties.

english...