Tax & Accounting Blog

U.S. IRS Releases Information on Early Filing of Form 8975 and Schedule A

U.S. IRS Releases Information on Early Filing of Form 8975 and Schedule A

On January 19, 2017, the U.S. Internal Revenue Service (IRS) released Revenue Procedure 2017-23, which describes the process for filing Form 8975, Country-by-Country Report, and accompanying Schedule A, Tax Jurisdiction and Constituent Entity Information (collectively, Form 8975), by ultimate parent entities of U.S. multinational enterprise (MNE) groups for reporting … Read More

“Make in India” – Tread The Digital Highway to Move Forward

“Make in India” – Tread The Digital Highway to Move Forward

The supply chain management challenges affecting or likely to affect “Make in India” Initiative ’Make in India’ is  defined as a vision to transform India into a global manufacturing and export hub, but it is much more than simply that. The primary objective of this initiative is to attract foreign investments and strengthen India’s manufacturing … Read More

EU and the Possible Application of a Generalised Reverse Charge Mechanism

EU and the Possible Application of a Generalised Reverse Charge Mechanism

The European Commission has recently adopted a proposal for a Council Directive which aims to amend the VAT Directive, introducing on temporary basis a generalised reverse charge mechanism (GRCM) for the supply of goods and services above a certain threshold. The adoption of this measure is important for the Commission, as large amounts of … Read More

Indonesia Implements Three-Tiered Transfer Pricing Documentation Requirements

Indonesia Implements Three-Tiered Transfer Pricing Documentation Requirements

On December 30, 2016, the Indonesian Minister of Finance published PMK213/ PMK.03 / 2016, which provides details on the three-tiered transfer pricing documentation requirements (master file, local file and country-by-country (CbC) report) for related party transactions in accordance with BEPS Action 13. The master file must include the following information about … Read More

The Personality Pie: A Recipe For Marketing Success

The Personality Pie: A Recipe For Marketing Success

As noted in a previous post, personality is the key to more business opportunities. But how do you bake personality into your digital communications? There is no perfect recipe for incorporating personality into your marketing communications and strategy. That being said, there are some basic ingredients that will give your prospects and clients … Read More