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Read All About It! New Blog Post Published Today! 🗞️🌟 https://lnkd.in/g6QcxpZ6 #taxreform #corporatetax #individualincometax #internationaltaxation #economicimpact #BEPS #digitaltax #taxcredits #taxdeductios #Apnokaca #myitronline #eitrfiling

The CRS (Common Reporting Standard) is a standard for the exchange 🔄 of tax information between countries aimed at protecting the integrity of tax systems and combating tax avoidance. 🔎 Which countries are involved in this process? 🔎 What obligations does it impose on financial institutions? 🔎 Why is compliance with CRS standards becoming a priority for financial institutions and what are the benefits of implementing this procedure? You can find the answers and even more information about CRS in our article below 👇 https://lnkd.in/gyNUeazw

The Council today reached an agreement (general approach) on safer and faster procedures to obtain double taxation relief, which will help boost cross-border investment and help fight tax abuse. The so-called FASTER initiative aims to make withholding tax procedures in the EU safer and more efficient for cross-border investors, national tax authorities and financial intermediaries, such as banks or investment platforms. #eutax #europeantaxation #faster #wht #cit

AIMA welcomes the agreement reached today by EU Finance Ministers on the Directive on Faster and Safer Relief of Excess Withholding Taxes (FASTER Directive). https://lnkd.in/e5xAdFrF The agreement will encourage cross-border investment, thereby contributing to the objectives of the Capital Markets Union. However, more remains to be done so that the asset management industry – including AIMA's global investor members – can benefit fully from coordinated cross-border withholding tax procedures. Jack Inglis, AIMA CEO, said: #alternativeinvestments #hedgefunds #tax #EU #withholdingtax

EU Coucil agrees on Directive FASTER, creating: (i) harmonized relief and refund mechanisms on WTH over dividends and interest; (ii) introduction of common EU digital tax residency certificate; (iii) standardised reporting and due diligence procedures for financial intermediaries that will be required to report information to the competent tax authorities. Also, certifified intermediaries applying for tax relief will be required to carry out due diligence procedures. Expected MS will be required to transpose the new Directive until January 2028 and new rules will come into force as from January 2030. #mfalegal #mfatax #taxadvisory #taxrisk

The ATO has just released a comprehensive guide on Australia’s hybrid mismatch rules. This guide aims to break down the complexities and applications of these rules, aiming to clarify their operation after over four years in effect. RSM tax experts have reviewed the guide and broken down the key points explaining hybrid mismatch rules, including what the rules are, when they apply and who they apply to. Read it now 👉 https://bit.ly/48v8zt7 Stay informed, stay compliant! #TaxNews #ATO #HybridMismatchRule

Explore Our Latest Blog and Stay Informed! 🌍📚 https://lnkd.in/gacHns7B #taxreform #corporatetax #individualincometax #internationaltaxation #economicimpact #BEPS #digitaltax #taxcredits #taxdeductions #Apnokaca #myitronline #eitrfiling

The race to Pillar Two is on! With 140 countries, including the big players in Europe and Asia, set to launch this tax extravaganza in January 2024, it’s time for multinational enterprises to get their act together. Understanding these shifts and fine-tuning your systems is a must. But don’t panic! CBIZ is here to help you navigate these murky waters with top-notch assessments and bespoke solutions. Are you ready to jump into the Pillar Two adventure? Check the link below for all the juicy details. #TaxCompliance #GlobalTax #StrategicPlanning

📢 New #OECD Guidelines Alert! Learn about Pillar One – Amount B, designed to alleviate #compliance burdens and enhance tax certainty for multinational enterprises. Dive into the details in our latest #GlobalBusiness blog by Charlie Petelka and stay ahead of the curve at the link below. #TransferPricing #TaxCompliance

Avalara Tax Research provides intuitive, accessible sales and use #tax research when and where you need it. The information is easy to access, and even easier to understand. https://ow.ly/UCwE50SVTk1