5 Things I Write in Every Grant Proposal (Expert Advice)

The Multilateral Instrument – 2 – Structure and Implementation

Structure and Implementation of the MLI The Organization for Economic Cooperation and Development (‘OECD’) together with the G20, a block of 20 Developed and Developing countries, jointly undertook a project to tackle tax leakages due to Base Erosion and Profit Shifting (‘BEPs’). As discussed in an earlier article, the outcome of the BEPs Project was 15 identified Action Plans to be put into effect by countries in their domestic tax laws and Double Tax Avoidance Agreements (DTAAs). Action Plan 15 called for a Multilateral Instrument (‘MLI’) that would be used…

3 Tips To Help You Choose A Good Tax Advisor

If you want to create the best well strategy for tax savings, we suggest that you consult the best tax advisor. These professionals can help you come up with the best strategies. If you are looking for a way to save on your tax dollars, you have no choice but to consult an expert in this field.

The Multilateral Instrument – A Backgrounder

International trade gave rise to various tax issues. These stem mainly from the Source Rule or the Residence Rule of taxation. These rules seem to have been inherited from ancient times as well.

VAT Compliance Audit in UAE

Consumers in UAE are expected to pay VAT on their purchase for most of the goods and services. The UAE Minister of State for Finance Affairs has stated that the UAE will implement VAT at the rate of 5% on 1st January 2018. There are some exceptions which will not fall under taxation which may include Basic Food, Medicine/Healthcare, Education, Etc.

But, I Can’t Afford To Pay the Sales Tax!

As a tax professional that services retailers, I hear the phrase “but, I can’t afford to pay the sales tax” often. These retailers fall into the trap thinking that the sales tax that they collect on their product or service belongs to them. Unfortunately, that is not the case and not paying the full amount of taxes collected from consumers will be considered a criminal act.

Financial Planning For Beneficiaries – Tax Implications of Inheritance

Receiving an inheritance or being a beneficiary of a deceased estate in Australia has tax implications of Capital Gains Tax (CGT). This article gives basic information about the types of tax and how they are applied as well as tips about how to reduce your tax liability.

Outsourcing VAT Return Services in Hertfordshire Can Help a Small Business

Outsourcing the VAT return services in Hertfordshire to a local financial-aid providing company would be beneficial for the local clients, as the experts associated with the financial-service providing company can take care of the financial-transactions and regulations. Apart from taking care of the financial issues, the experts can also guide clients regarding various updates related to taxation.

Role of GST in Indian IT Industry 2017

The recent goods and services tax launched by the government has affected all parts of small and big sized business industry in the country. The IT industry of the country is facing its implications. India is a hub of various IT revolutions and developments. There is a huge number of small, medium and big size IT companies that contribute to the country’s GDP.

Cannot Pay Your Taxes?

U.S.A. tax authorities offer many options for taxpayers struggling to pay their taxes. Offers in Compromise, Installment Agreements, and Bankruptcy are possibilities. If payment would be a severe hardship a taxpayer can pause collection.

3 Tax Lessons Learned From The Pandemic

It’s time to set the record straight. There’s a new normal for dealing with the IRS due to the pandemic. Are you prepared for it?

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