Search Results for: Research
10 results out of 5818 results found for 'Research'.
HONG KONG BUDGET INCLUDES SIGNIFICANT PROFIT AND SALARY TAX CUTS
THE HONG Kong financial secretary has proposed a 75% reduction of profits tax, salaries tax and tax under personal assessment for the 2017-18 assessment year, up to Hong Kong dollars HKD30,000 (USD3,820) per case. In his annual budget speech, Paul Chan also proposed widening tax bands, adding one more (HKD150,000 to HKD200,000); adjusting marginal tax rates for salaries tax; introducing a personal disability allowance; increasing basic, additional child allowances, dependent parent/grandparent allowance and additional allowance.…
INTERNATIONAL TECHNICAL ROUND UP - EU TO FORCE INTERMEDIARIES TO REPORT TAX AVOIDANCE
*A newly approved European Union (EU) directive on transparency requirements for tax intermediaries will insist that accountants designing or promoting aggressive tax planning schemes report them to national tax authorities. The requirements, approved by the EU Council of Ministers, apply from July 1, 2020, and member states will have to fine intermediaries, including lawyers and bankers, that fail to report.…
INDUSTRY WELCOMES COMMISSION’S PLANS FOR EU PROTEIN STRATEGY
THE EUROPEAN Union (EU)’s development of a protein strategy, announced by EU agriculture commissioner Phil Hogan, should help Europe become more self-sufficient in animal feed, EU meat industry experts have told GlobalMeatNews. They will make their voices heard in an online survey organised by the European Commission, launched February 19 and running until March 23, asking plant protein suppliers, processors and distributors how to boost EU protein meal production.…
EU ROUND UP - UK AND EU FACE UP TO FRAUD FIGHTING CHALLENGES IN POST-BREXIT WORLD
THE UK and the European Union (EU) have started debating in detail future cooperation on fighting cross-border crime following Britain’s formal exit from the bloc on March 29, 2019. The European Commission, has released a draft withdrawal agreement – the focus of subsequent talks, sparking another details paper indicating what Britain has signed up to, and what it still under discussion.…
INDUSTRY WELCOMES COMMISSION’S TESTS TO STOP DUAL QUALITY FOOD PRODUCT SALES
THE EUROPEAN food industry is supporting the European Commission’s bid to ensure food brands do not offer variable quality versions of the same product in different parts of the European Union (EU). Indeed, it is backing the introduction by the EU executive of new testing methods for regulators, that are due to be rolled out in April.…
WILL ROBOTS BE THE TAX CLIENT BASE OF THE FUTURE FOR GO-AHEAD ACCOUNTING FIRMS?
RENÉ Descartes may have said ‘I think, therefore I am’, to judge if he was human. But when deciding whether a robot is an autonomous being, the real test may be whether it pays tax. As regulators, business leaders and philosophers ponder the impact of robots with artificial intelligence (AI) that choose actions, learn from their environment, and perform tasks better and faster than their flesh and blood developers, the question of their fiscal responsibility is becoming serious.…
INDUSTRY WELCOMES COMMISSION’S TESTS TO CURB DUAL QUALITY FOOD PRODUCT SALES
THE EUROPEAN confectionery industry will later this year face hard evidence about the veracity of claims that certain brands sell lower quality products in eastern Europe than they do in the richer west. These claims – dismissed by many manufacturers as urban myths – are widely believed in eastern Europe, promoting the European Commission to act and set up a testing system.…
NUMBER OF WOMEN ON MIDDLE EAST BOARDS STILL LOW, DESPITE ENCOURAGEMENT FROM SOME GOVERNMENTS
Most organisations in the Middle East today acknowledge the importance of gender diversity, yet the current number of females on boards does not reflect this, according to participants at a recent networking breakfast in Dubai, hosted by ACCA.
An important reason for this is the self-perception of women, who feel that they lack the experience to be a board member, according to research from Hawkamah, the Institute for Corporate Governance at the Dubai International Financial Centre (DIFC), whose CEO Dr Ashraf Gamal El Din addressed the meeting.…
TAX INCENTIVES WELCOMED BY INDONESIAN TEXTILE INDUSTRY LEADERS
TEXTILE industry representatives have welcomed an anticipated move by the Indonesian government to make new corporate income tax cuts to boost investment and make its manufacturing industry – notably textile and clothing manufacturers – more competitive both at home and overseas.…
UK HOPES THAT AMERICAN EXPORT SALES MAY REPLACE EUROPEAN SALES POST-BREXIT MAYBE FALSE
BRITISH automakers who may be eying lucrative American markets as an alternative to sales that could be lost if the UK quits the European Union (EU) as planned next March (2019) could be disappointed, say experts.
This is despite data released by the UK’s Society of Motor Manufacturers & Traders (SMMT) at the end of January indicating exports of UK-made cars to the US rose by 7% year-on-year in 2017 to almost 210,000 units.…