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Do tax-exempt associations have to pay tax for their donations

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I have a question regarding the taxation of donations from tax-exempt foundations or associations (in terms of income tax or inheritance and transition tax.)...

Is it possible to capitalise the tax reduction for real estate...

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 We sold a building that was our company's property in 2019 (It has been our asset for more than 2 years.) We made a...

EU extends sanctions against Russia for 6 months

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Federica Mogherini, the High Representative of the European Union for Foreign Affairs and Security, said the sanctions against Russia would be extended for 6...

Security measures for Huawei to participate in German 5G network

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(Reuters) German Chancellor Angela Merkel said Huawei Technologies must guarantee not to share data with the Chinese government to be included in its 5G...

Russia increases visa price for Turkey

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Russia has increased the visa price for Turkish citizens, shocking the country. Turkish citizens were expecting to be exempt from visa for their travels to...

Am I supposed to pay the capital gains for my shares...

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I will transfer my shares. The transfer will happen over the nominal price. Am I supposed to index this share price? If I do,...

Brasil calls for investments

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President of Brasil, Jair Bolsonaro announced that his country is open for investments, addressing bankers, investors, and executives at this year’s Davos summit. Mr. Bolsonaro,...

IMF cuts global growth outlook for 2019

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Chief economist Gita Gopinath announced the global growth estimations for 2019 in a press conference held on Monday. Ms. Gopinath stated that world economy is...

Is it required to include lease of a house rented for...

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        Our company rented a house for the manager and paid the amount for 6 months as well as the deposit in cash. The rental...

Can we delete the invoices we made out for the sales...

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In September 2018, a sales person in the company of one of my taxpayers drew out an invoice to by opening a new current...