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Items tagged with "Tax"

Milestone EU agreement on public country-by-country tax reporting

After several years of negotiations, the European Council and European Parliament have reached political agreement on disclosure by multinational companies of the tax they pay in each country.

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Europe proposes greater tax transparency for multinationals

Grinding along in the background since 2016 have been a range of measures that seek to use disclosure mechanisms to rebalance various tax arrangements. This week the European Council has approved proposed measures to enhance corporate transparency of big multinational companies, as part of its action plan on reforms to the international corporate tax system.

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What Does Transparency Mean for Tax?

In a talk at the 2018 IFBM Conference Professor Penelope Tuck, Birmingham University Business School, examined the role financial reporting plays in response to calls for increased transparency about the tax affairs of multinationals.

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CBI: Tax and Regulation Revamp Required

While the financial services sector has transformed dramatically in the last few decades, taking advantage of the technological power of the fourth industrial revolution, tax and regulation has been slow to catch up.

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Enhancing Efficiency Across the Globe

Learn how organisations around world are using new technologies and processes to both increase the efficiency and effectiveness of reporting programs whilst making data more useful and available.

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Swedish Government Makes Commitment to Digital Reporting

Economic Development and Innovation Minister Mikael Damberg announced recently that the Swedish government is going to start pushing firms towards digital submission of financial reports, with the aim of making such practice mandatory in 2018.

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Australian Tax Preparers get SBR Deadline

The Australian Tax Office has begun transitioning preparers towards exclusive use of a new reporting channel that will further advance SBR in that country.

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Estonia to Shed Paper with Reporting 3.0

An in-depth look at Reporting 3.0 in Estonia from a presentation by Margus Tammeraja, Chairman of the Board at the Association of Estonian Accountants at the Real Time Economy Conference in Finland.

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Estonia Announces “Reporting 3.0”

The Tax and Customs Administration of Estonia has committed to automated filing of payroll and personnel information by 1 January 2018.

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How Much Transparency is Enough Transparency?

Should transparent tax and financial reporting should be extended to the individual, especially elected officials? Would XBRL have a role?

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