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Accounting News

Digital Tax

Scandinavians split Europe on digital tax plan

06/06/2018(0)
“A digital services tax deviates from fundamental principles of income taxation by applying the tax on gross income, i.e. without regard to whether the taxpayer is making a profit ... Read More
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Spain to introduce the first “Real” Digital Tax in the EU

01/06/2018(0)
The Treasury will impose a 5% tax on foreign and Spanish companies’ digital services. This new tax will be on the intermediary services and the publicity and sale of ... Read More
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EU sees $23.5 Billion in revenue from financial-transaction tax

23/05/2018(0)
A proposed tax on financial transactions in 10 European Union countries could generate about 19.6 billion euros ($23.5 billion) of annual revenue, though Brexit could make collection more difficult, ... Read More
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EU set to remove Bahamas, St Kitts from tax haven blacklist

21/05/2018(0)
European Union finance ministers are set to remove the Caribbean islands of the Bahamas and Saint Kitts and Nevis from an EU list of tax havens next week, EU ... Read More
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Symantec investigating certain accounting measures

15/05/2018(0)
Symantec Corp said on Monday it is investigating the reporting of certain accounting measures including those that could impact executive compensation and some forward-looking statements, but added it does ... Read More
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ACCA published the five tenets of good corporate governance

10/05/2018(0)
ACCA (the Association of Chartered Certified Accountants) has published a report examining the interrelation between businesses and society, and the importance of good corporate governance in facilitating a positive ... Read More
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Workers in OECD countries pay one quarter of wages in taxes

04/05/2018(0)
Workers in OECD countries paid just over a quarter of their gross wages in tax on average in 2017, with just over half of countries seeing small increases in ... Read More
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Accountants professional body ACCA restructures its global markets

27/04/2018(0)
The Association of Chartered Certified Accountants (ACCA), the global body for professional accountants, has issued an announcement to inform about its revised structure. The global market portfolio for ACCA ... Read More
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Europe’s digital tax map: Where countries stand

12/04/2018(0)
The European Commission’s proposal to introduce a temporary levy to tax the revenues of digital giants is causing deep divisions between European countries, according to a POLITICO analysis of ... Read More
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EU tax moves positive step to more just world

02/04/2018(0)
As the recent scandal over Facebook and the company Cambridge Analytica has shown, many companies operating in the new “digital economy” are, essentially, extractive industries. They mine and sell ... Read More
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