New Swiss shareholder transparency laws imminent

What can immediately be taken away from the update is that all records regarding shareholders and beneficial owners must be kept in a readily accessible place for a minimum period of 10 years. Companies should begin to take the roll call of shareholders and beneficial owners before the Law comes into force on 1 July. Contact our Swiss business experts for more information.

Romania slashes VAT on foodstuffs

Romania slashed its VAT rate on foodstuffs from 24% to just 9% on Monday, with the Finance Ministry claiming it should lead to a drop in the average VAT rate in Romania to about 17.5%. Read more about TMF Group's VAT services.

Extension of FATCA deadlines for IVB Financial Institutions

On June 4, 2015, a new update was announced for the terms of the Fiscal Compliance Act regarding Foreign Accounts (FATCA). The deadline for the registration and submission of documents before the international tax authority of BVI, (the BVI Tax Authority) has been extended.

HMRC changes its interpretation on VAT reclaims

Key rules governing VAT refunds are in the spotlight with the UK’s HM Revenue & Customs changing its interpretation of key rules governing payouts. TMF VAT experts say: “There are many businesses which are not aware of this change and specialists like ourselves can help keep companies informed and insure that mistakes are avoided."

Hungary’s decision on IFRS based statutory reporting is great news for companies

April VAT Update: Malta

April VAT Update: UK

April VAT Update: Italy

April IPT update

News updates from the IPT team in the UK

April VAT Update: Greece

China clarifies administrative measures for enterprises looking to invest overseas

Chinese enterprises looking to extend their influence to new countries must now comply with new administrative measures.

2018 tax deadlines for foreign companies in France

Foreign company with temporary or permanent business operations in France? Know your local tax obligations and deadlines, writes TMF France expert Amaya Chiavelli.

Regulatory update: transparency drive leaves no place to hide

Greater corporate transparency is the main thrust of most recent regulatory change. The OECD and the European Union (EU) are seeking closer scrutiny of what companies are doing, and where and why they are doing it.

New SEC rules on climate reporting in the United States

On 21st March the Securities and Exchange Commission (SEC) proposed new rules amendments targeting domestic and foreign registrants to report on climate change and how it impacts their business, in line with the proposed disclosures of the Task Force on Financial Disclosure (TCFD). Find out how this may affect you.

AGMs go digital in Taiwan

As its economy thrives, Taiwan is pressing ahead with digitalisation efforts, including enabling shareholder meetings to be conducted virtually. Read more here.

United Kingdom introduces a new asset holding company (AHC) regime

The UK has introduced a new regime for the taxation of qualified asset holding companies (QAHCs). Read about the eligibility criteria and benefits here.

Regulatory changes in Panama: what you need to know

Regulatory changes in Panama include the registration of beneficial owners and due diligence records for resident agents. Find out how to stay compliant.

The ever-changing role of the private fund CFO

Over the past decade the number of a fund CFO’s tasks grown – with more investors to look after, and a larger number of back office systems and processes to take care of, each growing in complexity.

Mandatory Disclosure Rules: companies can’t rest on their laurels

The first reporting round for the new MDR regulation is complete, but companies need to be aware of their ongoing obligations – read more here.

Cross-border expansion: what are the key considerations?

Companies are often keen to move overseas to explore new opportunities, but what are the key considerations before they make the decision? Read more here.