We are pleased to inform you that the Reanda International Annual Review 2015 has been published. The Reanda International Annual Review 2015 provides an overview of our network's development and performance for the year 2015. The on-line version of the review is available on: http://www.reanda-international.com/News_Photo/pdf/Annual_Review_2015.pdf
The Reanda International network is pleased to bring to you the latest issue of PRISM – the quarterly tax newsletter, which is part of Reanda’s effort to stay in touch with our clients by sharing updates and insights on the recent taxation changes and current hot topics. Please click here to download a digital copy of the 1st quarter 2016 issue…
(1) Digital Economy Based on the characteristics of business model under digital economy, BEPS re-examines the current tax system, tax treaty, and the existing problems in the transfer pricing rules, and suggests adjustments for domestic legislation and international rules. (2) Hybrid Mismatch Arrangements Based on the model of tax planning comparing two countries or multinational tax system difference, BEPS proposes…
In February 2015, the Australian Government announced that the Australian Taxation Office (“ATO”) will be given the responsibility for both approving foreign investment in residential real estate and a new register of foreign investment in agricultural land. Reasons for giving ATO such power All foreign investment in Australia will be approved by the Australian Treasurer if there is no contrary…
Thursday, 25 February 2016 10:16

Russia: Tax changes in year 2016

Tax holidays for entrepreneurs Federal law from 29 December 2014 N 477-FZ introduced tax holidays for entrepreneurs. According to article 346.50 the Russian regions can fix the tax rate of 0 per cent for entrepreneurs registered for the first time, and doing business in the field of industrial, social and (or) scientific. Tax report for personal income Companies have to…
Wednesday, 10 February 2016 10:09

Korea: 2016 Value Added Tax Law Revisions

Deferment of import VAT payment for export SME Under the current Value Added Tax Law (“VATL”), a taxpayer is required to pay import VAT to the customs office upon declaration for import of goods. Under the proposed revision, export SME satisfying certain conditions (to be regulated in the Presidential Decree of VATL) will be entitled to the deferment of the…
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