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tax

tax

Facebook faces $5bn tax charge over Ireland asset transfer

13/10/2016(0)
Social media giant Facebook could have to pay up to $5bn in additional taxes as a result of an Internal Revenue Service (IRS) investigation challenging the way in which ... Read More
Facebook

Facebook challenged over £11.3 tax credit

10/10/2016(0)
According to information filed at Companies House, Facebook paid £4.17m in corporation tax for the year to December 2015,  and recorded sales of some £210m. However, the company also ... Read More
VAT

Switzerland Reforms VAT Rules On Foreign Suppliers

10/10/2016(0)
The Swiss Parliament has passed reforms that will require all overseas companies with a turnover of over CHF100,000 (USD102,421) to impose value-added tax on transactions with Swiss customers. Under ... Read More
Ernst & Young

EY reports record global revenues in 2016

07/10/2016(0)
EY records sixth consecutive year of record growth Solid growth across all businesses and geographical areas, including developed and emerging markets Large scale transformations and capital transactions fuel growth ... Read More
Corporate_taxes

NZ Introduces ‘Netflix’ Tax

06/10/2016(0)
Cross-border purchases by New Zealand residents of certain electronically supplied services became subject to goods and services tax (GST) on October 1, 2016. Non-resident businesses may need to register ... Read More
BDO

BDO reports revenues exceed £400m mark; Profits jump 22%

06/10/2016(0)
Revenues exceed £400m mark: Profits jump 22% as investment pays off. BDO UK reports growth in underlying revenues to £405m (up 3.8%) Focus on targeted investment sees profits increase ... Read More
spanish-flag

Spain to impose Taxation on Bitcoin Miners

03/10/2016(0)
A recent notice from the official taxation authority in Spain sees bitcoin mining fall under the purview of an economic activity, opening cryptocurrency mining to taxation. Bitcoin and cryptocurrency ... Read More
tax-cuts

French 2017 Budget Confirms Corporate Tax Cut

30/09/2016(0)
The French Government has confirmed that an intermediate rate of corporate tax will be introduced next year, to reduce the tax burden on small- and medium-sized firms. Under current ... Read More
saxo-bank logo

Saxo Bank reports higher profits and client assets as diversification strategy yields results

30/09/2016(0)
​Saxo Bank Group (“The Group”) has reported a net profit of DKK 158 million for the first six months of 2016. During the same period, client collateral deposits continued ... Read More
hmrc

HMRC Adds To Main VAT Registration Guide

29/09/2016(0)
The UK tax authority, HM Revenue and Customs, has updated VAT Notice 700/1 on value-added tax (VAT) registration following law changes intended to prevent VAT evasion. The Notice has ... Read More
Broker Cyprus TopFX