Malaysia E-Invoicing Update
Type: Legislation The Malaysian Inland Revenue (LHDN) will launch a pilot in May 2024 with over 50 businesses for its new Continuous Transaction Control (CTC) e-invoicing model. Sales invoices (XML) […]
Poland’s Updated Transfer Pricing Reporting Regulations Take Effect
In a pivotal development for tax professionals, investors, and businesses in Poland, the Minister of Finance has implemented amendments to the decrees governing transfer pricing reporting related to corporate income […]
Mandatory B2B E-Invoicing Phases & Compliance
Type: Legislation The eighth wave is set to join Phase 2 from March 1 to June 30, 2024. The Zakat, Tax, and Customs Authority (ZATCA) has confirmed that taxpayers with […]
Brazilian Tax Reform Approved in Lower House of Congress
In a significant development for Brazil’s tax landscape, on July 6 of 2023, part of the proposed tax reform successfully gained approval in the lower house of Congress, marking a […]
What does Internal Revenue Code (IRC) Section 1202 mean for business owners in the context of acquisitions?
Section 1202 provides notable tax benefits for individuals and entities that are not classified as corporations. These benefits extend to various parties, such as founders, investors, and private equity groups. […]
FATOORAH Mandates B2B e-Invoicing for Sixth Wave in Phase 2 starting January 1, 2024
Type: Legislation The Zakat, Tax, and Customs Authority (ZATCA) has officially announced the inclusion of the sixth wave of taxpayers into Phase 2 (Integration Phase) of mandatory e-invoicing. This latest […]
