January – Muhasebe News https://www.muhasebenews.com Muhasebe News Tue, 19 Mar 2019 14:03:17 +0000 en-US hourly 1 https://wordpress.org/?v=6.3.3 EU January trade data published https://www.muhasebenews.com/en/eu-january-trade-data-published/ https://www.muhasebenews.com/en/eu-january-trade-data-published/#respond Tue, 19 Mar 2019 14:01:50 +0000 https://www.muhasebenews.com/?p=51855 The statistical office of the European Union (Eurostat) published the trade data of January.

Export from Euro area (EA19) was €183.4 billion, 2,5% higher compared to January 2018.

Import from the rest of the world was €181.8 billion, 3.4% higher compared to the same month of the previous year.

As a result, €1.5 billion trade surplus in goods with the rest of the world was recorded in January.

Click here for the full report.

 

 


Source: Eurostat
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Is the progress payment for construction work that extends to the month of January of the following year subject to withholding? https://www.muhasebenews.com/en/is-the-progress-payment-for-construction-work-that-extends-to-the-month-of-january-of-the-following-year-subject-to-withholding/ https://www.muhasebenews.com/en/is-the-progress-payment-for-construction-work-that-extends-to-the-month-of-january-of-the-following-year-subject-to-withholding/#respond Wed, 05 Dec 2018 14:00:42 +0000 https://www.muhasebenews.com/?p=40939 My company which does contract works signed a contract with its client between 11.10.2018-25.01.2019. Normally, the progress payments are subject to a withholding when they are extending to years. But we will finish the work in 2018. So, will the progress payments be subject to a withholding?

If the work ends on 31/12/2018, there won’t be a withholding.


Source: İSMMMO
Legal Notice: The information in this article is intended for information purposes only. It is not intended for professional information purposes specific to a person or an institution. Every institution has different requirements because of its own circumstances even though they bear a resemblance to each other. Consequently, it is your interest to consult on an expert before taking a decision based on information stated in this article and putting into practice. Neither MuhasebeNews nor related person or institutions are not responsible for any damages or losses that might occur in consequence of the use of the information in this article by private or formal, real or legal person and institutions.


 

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