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IIMF Urges US To Hike Indirect Taxes

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IMF Urges US To Hike Indirect Taxes The International Monetary Fund has recommended that the United States raise indirect taxes to boost revenues, to offset...

Filipino Bill Would Extend Corporate Tax Perks For Schools, Hospitals

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Filipino Bill Would Extend Corporate Tax Perks For Schools, Hospitals Filipino non-profit private schools and hospitals that adhere to high standards will continue to enjoy...

Luxembourg Introduces New VAT Group Regime

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Luxembourg Introduces New VAT Group Regime Bill of law no. 7278, providing for the implementation of new value-added tax grouping rules in Luxembourg, entered into...

The Presidency of Revenue Administration – Introduction 2015 (Turkey)

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The Presidency of Revenue Administration - Introduction 2015 (Turkey)  

Rules and Procedures in Regard to Preparing Consolidated Financial Statements

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What are Consolidated Financial Statements? What are the Rules and Procedures in Regard to Consolidated Financial Statements? Consolidated Financial Statements: Financial information presentation (in which the assets,...

Bringing Export Proceeds to Turkey

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1.Savings of Export Proceeds 1.1. “Export proceeds can be freely saved by those concerned” within the scope of Communique numbered 2008-32/34 with Cabinet Decree related...

How to be a Sworn Certified Public Accountant in Turkey?

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The following conditions are applied in order to become a Sworn Certified Public Accountant according to Turkish Laws: 1. There should be at least ten...

How Can a Director Make Use of a Fund Statement?

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What is Fund Statement? How is It Prepared? Fund Statement indicates; From which resources a company provides its financial means in a certain period of time...

Be Careful While Paying or Getting Money!

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As stated below; 1- First and second class merchants, 2- The one whose commercial earnings is acquired on simple earnings basis, 3- Farmers who have to keep book, 4- Freelancer, 5- Artisan who is...

How to Make Use of E-Invoice Application?

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HOW TO MAKE USE OF E-INVOICE APPLICATION? 1- Taxpayers, who issue limited number of invoice, are able to make use of it via E-Invoice Portal which...