Tax & Accounting Blog

France Advances Diverted Profits Tax Legislation

France Advances Diverted Profits Tax Legislation

On November 7, 2016, the French National Assembly (“Assembly”) approved Amendment No. II-CF421 (“Amendment”) to Article 46 quinquies of Finance Bill 2017, which would impose a diverted profits tax (DPT), or income tax, in situations that  constitute a permanent establishment (PE). On November 22, 2016, the National Assembly finished its first reading of … Read More

Indonesia Moves Towards Becoming The Biggest Automotive Production Base in South East Asia

Indonesia Moves Towards Becoming The Biggest Automotive Production Base in South East Asia

Some time ago, the Indonesian automotive market was shocked by the stopping operation of Ford in Indonesia. Ford’s decision was very unfortunate, because at that time they had just introduced their latest product, the All New Ford Everest and several other products with the advantages of technology to the automotive market in Indonesia. However, one … Read More

Payroll Compliance Information: New Rates in 2017

Payroll Compliance Information: New Rates in 2017

2017 brings new state and federal rates, accelerated W-2 filings and ACA reporting requirements. Due to a low consumer price increase this year, many rates stay the same with a glaring exception—the 2017 Federal Insurance Contributions Act (FICA) wage base. And remember, January 2017 brings Affordable Care Act reporting for applicable large employers (ALEs)—all ALEs … Read More