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Audit considerations during Covid-19

19.10.2020 | Recently the IFAC (International Federation of Accountants), International Federation of Accountants in Spanish, issued certain considerations related to the safe audit of financial statements in times of Covid-19....


IRC 59A Final Regulations Say “BEAT IT” to the Confusion

15.10.2020 | On 22 December 2017, the Tax Cuts and Jobs Act (TCJA) codified IRC § 59A (Base Erosion and Anti-Abuse Tax, BEAT). This applied a tax on multinational corporations...


Mexico Tax Reform 2021

14.10.2020 | For the Tax Reform of the 2021 fiscal year, the Executive presented on September 8, 2020, to the Congress of the Union, the respective Economic Package, which includes...


Presidential Elections, Tax Chaos

12.10.2020 | The upcoming U.S. election on November 3 will not only seat a President for the next four years, it will also establish which party controls both houses of...


Government Support for the Aviation Industry in Ukraine Due to COVID-19

12.10.2020 | COVID-19 has significantly affected the Ukrainian aviation market and all the industries directly supported by aviation globally. Without financial support from the government, Ukrainian aviation will find it...


The Impact of Schrems II and Brexit: The Transfer of Personal Data Overseas in Crisis

08.10.2020 | Transferring personal data between jurisdictions has always been big business. In Europe, the General Data Protection Regulation provides a number of mechanisms to allow data exports overseas. The...


Apprenticeship in France: Exceptional Financial Aid to Employers Who Recruit Young Apprentices

05.10.2020 | As part of the “#1jeune1solution” plan, the government is setting up exceptional aid for the recruitment of apprentices up to master’s level for all companies (decree no. 2020-1084...


Renewable Energy in Romania: PPA available, CfD in the Pipeline, Implementation to Follow

01.10.2020 | In the context of multiannual EU and government funding plans, Romania has committed to further achieving ambitious targets in developing renewable energy production. The current support scheme based...


Big Data Audit: Digital Transformation of the Audit Process at Ecovis in Colombia

29.09.2020 | ECOVIS Colombia has developed a machine learning model that identifies deviations or atypical behaviours in clients’ transactions. This implementation optimises the auditing and consulting processes and allows clients...


Invest in Uruguay: Increase in Tax Benefits for Investment Projects

23.09.2020 | The Uruguayan government recently approved an increase in the tax benefits granted through the Investment Law (Law 16.906). Under this law, taxpayers could qualify for significant tax exemptions...


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