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Law 19/2016 of Automatic Exchange of Information on Tax Matters of Andorra
Law 19/2016 of 30 November on the automatic exchange of information in tax matters was passed by the General Council of Andorra and came into force on January 1, 2017. This law implements the OECD’s Common Reporting Standard (CRS) for the automatic exchange of financial account information to improve international tax compliance. Key aspects of Law…
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Country-by-Country Reporting (CbCR) Regulation in Andorra
Andorra, in alignment with its commitment to the OECD’s Base Erosion and Profit Shifting (BEPS) framework, has implemented Country-by-Country Reporting (CbCR) as part of its international tax transparency obligations. The Andorran tax authorities, governed by the Ministry of Finance, are responsible for overseeing compliance with these requirements under BEPS Action 13. This guide provides a…
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Country-by-Country Reporting (CbCR) Regulation in the Isle of Man
The Isle of Man, as a committed member of the OECD’s Base Erosion and Profit Shifting (BEPS) framework, has implemented Country-by-Country Reporting (CbCR) to promote tax transparency and ensure the fair taxation of multinational enterprises (MNEs). The Isle of Man Treasury oversees these regulations, ensuring compliance with BEPS Action 13 requirements. This guide provides an…
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Get things done
“Get Things Done” (often abbreviated as GTD) is a time-management and productivity methodology developed by David Allen. It’s outlined in his book Getting Things Done: The Art of Stress-Free Productivity. The method helps individuals organize tasks, projects, and ideas in a systematic way, reducing stress and increasing efficiency. Core Principles of GTD Benefits How to…
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Income Tax (Transfer Pricing) Rules, 2006 in Kenya
The Income Tax (Transfer Pricing) Rules, 2006 in Kenya were introduced to provide guidelines for related enterprises in determining arm’s length prices for goods and services in transactions between them. These rules were enacted following a landmark case involving the Commissioner of Income Tax and Unilever Kenya Limited, which highlighted the need for clear transfer pricing…
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Country-by-Country Reporting (CbCR) Regulation in Kenya
Kenya is a participant in the OECD’s Base Erosion and Profit Shifting (BEPS) Action Plan, which includes implementing Country-by-Country Reporting (CbCR). The Kenya Revenue Authority (KRA) oversees these requirements to promote tax transparency and curb profit shifting by multinational enterprises (MNEs). This guide is designed to help CFOs and tax professionals of MNEs operating in…
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Act on the Rules of Taxation (Act CL of 2017) – Hungary
The Act on the Rules of Taxation (Act CL of 2017) is a significant piece of legislation in Hungary that came into effect in 2018, introducing several changes to the country’s tax administration system. This act, along with the Act on Tax Administration Procedure (Act CLI of 2017), was part of a broader effort to…
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Country-by-Country Reporting (CbCR) Regulation in Hungary
Hungary has implemented Country-by-Country Reporting (CbCR) as part of its commitment to the OECD’s Base Erosion and Profit Shifting (BEPS) Action 13 initiative. The Hungarian Tax Authority (Nemzeti Adó- és Vámhivatal, NAV) administers these requirements, ensuring multinational enterprises (MNEs) comply with global transparency standards. This guide is tailored for CFOs and tax professionals operating in…
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Country-by-Country Reporting (CbCR) Regulation in Gabon
Gabon has implemented Country-by-Country Reporting (CbCR) requirements in line with the OECD’s Base Erosion and Profit Shifting (BEPS) Action 13 initiative. These regulations are overseen by Gabon’s General Directorate of Taxes (Direction Générale des Impôts, DGI), with the objective of promoting transparency in tax reporting by multinational enterprises (MNEs). This guide provides detailed information for…
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Country-by-Country Reporting (CbCR) Regulation in the Faroe Islands
The Faroe Islands, an autonomous territory within the Kingdom of Denmark, have adopted Country-by-Country Reporting (CbCR) regulations in alignment with OECD’s Base Erosion and Profit Shifting (BEPS) Action 13. The Faroese Tax Authority (Taks) is responsible for overseeing compliance with these requirements. This guide provides CFOs and tax directors of multinational enterprises (MNEs) operating in…
CbC Reporting
Country-by-Country Reporting requirements, solutions, FAQs and general info.
CbC Reporting 