Tax avoidance

New InfoBrief Sponsored by Sovos Examines the Complexities of the Global Value-Added Tax Evolution

Retrieved on:

Tuesday, May 25, 2021

Value-added tax, Tax avoidance, Tax, Economy, Articles, International taxation, Business

BOSTON, May 25, 2021 /PRNewswire-PRWeb/ -- Global tax software provider Sovos recently sponsored an InfoBrief with global market research firm IDC to examine the growing complexities of global value-added tax (VAT).

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BOSTON, May 25, 2021 /PRNewswire-PRWeb/ -- Global tax software provider Sovos recently sponsored an InfoBrief with global market research firm IDC to examine the growing complexities of global value-added tax (VAT).
With the tax gap continuing to increase globally, regulatory authorities have embraced the digitization of tax to increase revenue by eliminating suspicious supply chain activity and VAT fraud.
Get your complimentary copy of the IDC InfoBrief now to ensure your organization is prepared to respond to the growing complexities of global VAT.
Sovos was built to solve the complexities of the digital transformation of tax, with complete, connected offerings for tax determination, continuous transaction control compliance, tax reporting and more.

MEDIA ALERT — Wolters Kluwer Tax & Accounting looks at tax provisions available for members of the military and their families

Retrieved on:

Thursday, May 20, 2021

b'Wolters Kluwer Tax & Accounting:\nWhat: While we often think of the US Tax Code when our taxes are due, it has several tax provisions intended to help current and former members of the military and their families.\nWhy: Members of the military not only face dangers in their daily duties, they also sacrifice through separation from their loved ones.

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b'Wolters Kluwer Tax & Accounting:\nWhat: While we often think of the US Tax Code when our taxes are due, it has several tax provisions intended to help current and former members of the military and their families.\nWhy: Members of the military not only face dangers in their daily duties, they also sacrifice through separation from their loved ones.
Over the years, the US Tax Code has seen several provisions added to help assist servicemen and servicewomen as well as their families by addressing a variety of issues.\nAll pay received for any month during any part of which the member served in a combat zone or is hospitalized as a result of wounds, disease, or injury incurred while serving in a combat zone is excludable from taxable income\nThe excluded combat pay may still be counted as income for the Earned Income Tax Credit, the Child Tax Credit, and for IRA contributions\nWho: Tax expert Mark Luscombe, JD, LL.M, CPA, Principal Federal Tax Analyst at Wolters Kluwer Tax & Accounting , can help discuss the tax breaks available to military personnel and their families.\nPLEASE NOTE: The content of this article is designed to provide accurate and authoritative information in regard to the subject matter covered.
The information is provided with the understanding that Wolters Kluwer Tax & Accounting is not engaged in rendering legal, accounting, or other professional services.\nContact: To arrange an interview with Mark Luscombe or other federal and state tax experts from Wolters Kluwer Tax & Accounting on this or any other tax-related topics, please contact Bart Lipinski.\nView source version on businesswire.com: https://www.businesswire.com/news/home/20210520005181/en/\n'

Andersen Global Broadens Coverage in Liechtenstein and Switzerland

Retrieved on:

Tuesday, May 18, 2021

Finance, Accounting, Professional services, Other Professional Services, Legal, Countries, Andersen Global, Tax avoidance, Europe, Andersen Tax, LIECHTENSTEIN

b'Andersen Global adds legal capabilities in Liechtenstein and Switzerland through a Collaboration Agreement with NSF, strengthening the organization\xe2\x80\x99s platform as it continues its expansion in the region.\nWith offices in Vaduz and Zurich, NSF operates with five Partners and 40 professionals, serving individuals and international corporations.

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b'Andersen Global adds legal capabilities in Liechtenstein and Switzerland through a Collaboration Agreement with NSF, strengthening the organization\xe2\x80\x99s platform as it continues its expansion in the region.\nWith offices in Vaduz and Zurich, NSF operates with five Partners and 40 professionals, serving individuals and international corporations.
The full-service location in Liechtenstein provides a range of services in legal, trust and asset management with capabilities in banking and capital markets, tax, corporate, M&A, arbitration and dispute resolution, contracts, and administrative and constitutional law.
\xe2\x80\x9cThey are one of the largest independent and progressive firms with local and international expertise that set the standard for legal services in their market.
Established in 2013 by U.S. member firm Andersen Tax LLC, Andersen Global now has more than 7,000 professionals worldwide and a presence in over 266 locations through its member firms and collaborating firms.\nView source version on businesswire.com: https://www.businesswire.com/news/home/20210518005395/en/\n'

Bloomberg Tax & Accounting Releases Enhanced Transfer Pricing Portfolio

Retrieved on:

Thursday, May 13, 2021

International taxation, Tax avoidance, Articles, World economy, Pricing, Economy, Competition, Transfer pricing, Bloomberg L.P., OECD

b'ARLINGTON, Va., May 13, 2021 /PRNewswire/ --Bloomberg Tax & Accounting today announced significant additions to Transfer Pricing: OECD Transfer Pricing Guidelines, an updated Tax Management Portfolio that describes and interprets the Organization for Economic Cooperation and Development\'s (OECD)transfer pricing guidelines.

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b'ARLINGTON, Va., May 13, 2021 /PRNewswire/ --Bloomberg Tax & Accounting today announced significant additions to Transfer Pricing: OECD Transfer Pricing Guidelines, an updated Tax Management Portfolio that describes and interprets the Organization for Economic Cooperation and Development\'s (OECD)transfer pricing guidelines.
"\nThe updated guidelines were heavily influenced by transfer pricing developments in the United States, and the Portfolio details the discrepancies between those guidelines and the U.S. transfer pricing regulations.
The enhanced Portfolio, which is currently available to subscribers on the Bloomberg Tax platform, now includes a chapter related to financial transactions.\n"Given the tremendous changes to transfer pricing guidelines and increasing global economic pressures, these Portfolio authors give tax practitioners the practical perspectives and critical intelligence they need to navigate this complex and dynamic area of international tax," said Jean McCormick, Vice President, Analysis & Content, Bloomberg Tax & Accounting.
"\nTo schedule a Bloomberg Tax product demonstration, visit http://onb-tax.com/mbGw50EHAfv .\nBloomberg Tax & Accounting provides practitioner-driven research and technology solutions that deliver timely, strategic insights to enable smarter decisions.

Biden Tax Proposal Could Boost Tax Master Network's Core Service

Retrieved on:

Thursday, May 6, 2021

Articles, Corporate taxation in the United States, Tax, Economy, Corporate tax avoidance, Tax avoidance, C corporation, Corporate tax, International taxation, Offshore magic circle, Taxation in the Republic of Ireland

b'CINCINNATI, May 6, 2021 /PRNewswire/ -- Financial Gravity Companies Inc. (OTCQB: FGCO) announced that the corporate tax increase included in President Biden\'s $2 trillion infrastructure package, could juice even more demand for their subsidiary Tax Master Network\'s tax planning service.

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b'CINCINNATI, May 6, 2021 /PRNewswire/ -- Financial Gravity Companies Inc. (OTCQB: FGCO) announced that the corporate tax increase included in President Biden\'s $2 trillion infrastructure package, could juice even more demand for their subsidiary Tax Master Network\'s tax planning service.
"This bill affects every business operating as a C corporation or including a C corporation in their entity mix.
"\nIn April, Biden announced plans to raise the corporate tax rate from 21% to 28%.
Members enjoy several SAAS-based planning and client contact tools, plus a comprehensive suite of marketing, sales, and technical tax training resources.

Family Office Networks Publishes Spring Issue of Its Luxury Lifestyle Magazine

Retrieved on:

Monday, May 3, 2021

Family office, Investment management, Tax avoidance, Fon, Economy

b'PALM BEACH, Fla., May 3, 2021 /PRNewswire/ -- The Spring Issue of Family Office Networks\' luxury lifestyle magazine debuted this week as the 7th quarterly edition featuring articles such as Cocktail Rings That Inspire Your Favorite Version of Yourself, Family Office Profiles, Luxury Trains, Tips for Purchasing an Aircraft, Meet Dr. Drew Ramsey, The NutritionalPsychiatrist, Artist Profiles, Luxury Homes, Philanthropy and more.\n"As interest in the family office sector continues to increase we are seeing tremendous interest in our magazine as a conduit to reach this elite and often elusive audience.

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b'PALM BEACH, Fla., May 3, 2021 /PRNewswire/ -- The Spring Issue of Family Office Networks\' luxury lifestyle magazine debuted this week as the 7th quarterly edition featuring articles such as Cocktail Rings That Inspire Your Favorite Version of Yourself, Family Office Profiles, Luxury Trains, Tips for Purchasing an Aircraft, Meet Dr. Drew Ramsey, The NutritionalPsychiatrist, Artist Profiles, Luxury Homes, Philanthropy and more.\n"As interest in the family office sector continues to increase we are seeing tremendous interest in our magazine as a conduit to reach this elite and often elusive audience.
The number of family office has quintupled in the last five years to the point where family offices comprise 7 percent of the world\'s stock market value.
Likewise, the fast growing number of companies seeking to learn more about family offices is also incredible," said Andrew Schneider, Publisher of FON Magazine and Founder of Family Office Networks.\nTo celebrate the Spring Issue, Family Office Networks is opening up subscriptions and advertising opportunities to a broader audience that goes beyond the publication\'s historical private audience of family offices and private investors.
The website www.familyofficenetworks.com is the hub of Family Office Networks with 500,000 users, including 10,000 family offices, and is a go-to resource for news related to family offices.\n'

Trust & Will Enables Seamless Access to Digital Estate Plans with New Shared Access Feature

Retrieved on:

Thursday, April 29, 2021

Law, Estate planning, Property law, Tax avoidance, Taxation in the United States, Trust law, Articles, Private law

b'SAN DIEGO, April 29, 2021 /PRNewswire/ -- Trust & Will , a modern approach to online estate planning, announced today its new Shared Document Access feature to help families better plan for their financial futures.

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b'SAN DIEGO, April 29, 2021 /PRNewswire/ -- Trust & Will , a modern approach to online estate planning, announced today its new Shared Document Access feature to help families better plan for their financial futures.
Shared Document Access is a new feature that enables family members, financial advisors, and other professionals to gain instant access to a digital estate plan.
By sharing plans with loved ones in advance, families can better plan for their financial future.
In response to COVID-19, Trust & Will launched the Frontline Heroes Initiative, which has provided more than 11,000 free estate plans to healthcare professionals and teachers.

South Africa Accounting Sector Report 2021: State of the Industry, Recent Developments, Influencing Factors, Industry Associations, Notable Players

Retrieved on:

Wednesday, April 28, 2021

Service companies, Companies, Business, Big Four accounting firms, Tax avoidance, PricewaterhouseCoopers, Deloitte, Mazars, Ernst & Young, Accounting, Accounting network

b'DUBLIN, April 28, 2021 /PRNewswire/ -- The "The Accounting Sector in South Africa 2021" report has been added to ResearchAndMarkets.com\'s offering.\nThis report focuses on the accounting sector in South Africa and includes information on the state of the sector, recent developments and influencing factors.\nThere are profiles of 18 companies including the big four, PwC, Deloitte, EY and KMPG, as well as other prominent companies including BDO and Mazars, and a number of smaller firms.\nThe Accounting Sector in South Africa:\nThe accounting sector is the guarantor of financial reporting standards and performs a critical function in the economy.

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b'DUBLIN, April 28, 2021 /PRNewswire/ -- The "The Accounting Sector in South Africa 2021" report has been added to ResearchAndMarkets.com\'s offering.\nThis report focuses on the accounting sector in South Africa and includes information on the state of the sector, recent developments and influencing factors.\nThere are profiles of 18 companies including the big four, PwC, Deloitte, EY and KMPG, as well as other prominent companies including BDO and Mazars, and a number of smaller firms.\nThe Accounting Sector in South Africa:\nThe accounting sector is the guarantor of financial reporting standards and performs a critical function in the economy.
Although well-established and anchored by the world\'s largest accounting firms, the auditing profession has been mired in controversies relating to fraud and financial irregularities involving its clients.\nThese have highlighted the shortcomings of the external audit and various stakeholders have called for audit reforms.
The large firms\' increased reticence to take on clients who present an elevated risk is expected to drive many clients to smaller accounting firms.
Big data analytics and the internet of things will vastly increase the amount of data that is analysed and stored.

Hudson Unveils Second Hudson Nonstop Location Using Amazon’s Just Walk Out Technology

Retrieved on:

Wednesday, April 28, 2021

Our first store is proving that travelers are embracing this innovative new concept, and so we\xe2\x80\x99re thrilled to announce our second location opening in mid-2021,\xe2\x80\x9d said Brian Quinn, Executive Vice President and Chief Operating Officer of Hudson.

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Our first store is proving that travelers are embracing this innovative new concept, and so we\xe2\x80\x99re thrilled to announce our second location opening in mid-2021,\xe2\x80\x9d said Brian Quinn, Executive Vice President and Chief Operating Officer of Hudson.
Our team members care for travelers as friends at our travel convenience, specialty retail, duty free and food and beverage destinations.
Chicago\'s airports offer service to over 260 nonstop destinations worldwide, including 47 foreign countries, combined.
For more information about Midway Partnership, visit www.midwaypartnership.com .\nView source version on businesswire.com: https://www.businesswire.com/news/home/20210428005123/en/\n'

Contemplating the Future Tax Function

Retrieved on:

Wednesday, April 28, 2021

Tax, International taxation, Corporate tax avoidance, Tax avoidance

b'MOUNT PLEASANT, S.C., April 28, 2021 /PRNewswire/ -- TaxTalent , the career and leadership development portal for tax professionals, has released a revolutionary white paper titled, Contemplating the Future Tax Function .\nThis is a must-read paper for tax, HR, and financial leadership who oversee the tax function.

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b'MOUNT PLEASANT, S.C., April 28, 2021 /PRNewswire/ -- TaxTalent , the career and leadership development portal for tax professionals, has released a revolutionary white paper titled, Contemplating the Future Tax Function .\nThis is a must-read paper for tax, HR, and financial leadership who oversee the tax function.
While TaxTalent commends the professional service firms for starting the conversation about this critical topic, we have a much different perspective on the matter.\nIn short, we foresee the future tax function driven by a robust core team comprised of permanent, full-time, in-house employees, necessary for retaining legacy knowledge and establishing enduring relationships across the company, working synergistically with:\nIt\'s important to note, there is no "one-size-fits-all" solution as to how the future tax departments will be structured.
To arrange this call, contact Project Coordinator Stephanie Conley at 843-216-7444 or [email protected] .\nTaxTalent is the online career and leadership development portal for tax professionals.
TaxTalent segments members into five career phases based on the number of years in the tax profession.\n'