M&A data analytics: The use of data in mergers and acquisitions
Collecting, analysing and correctly evaluating data is more important than ever for successful M&A. The M&A specialists from Taurus Corporate Finance, an ECOVIS partner in the Netherlands, explain how correct data analysis works and which methods should be used. The market for mergers and acquisitions, especially the acquisitions of mid-sized companies, is hardly transparent. You rarely […]
Protecting intellectual property in China: How to protect your know-how
Companies often invest a lot in the development of products or technical inventions. But there is a great danger that others will use these technologies for themselves and thus secure competitive advantages – at the expense of the inventors. What needs to be considered to effectively protect intellectual property in China? The Ecovis experts know what to […]
Immigration and permanent residency: US immigration service changes the rules
The US immigration service US Citizenship & Immigration Services (USCIS) is adopting a risk-based approach that waives interviews for certain applicants who have filed Form I-751 (Petition to Remove Conditions on Residence). Non-citizens who obtain permanent resident status based on a marriage that began less than two years earlier, receive their status on a conditional […]
New Requirements for Japanese Consumption Tax Invoicing: The Tax-Qualified Invoice System
A Japanese Consumption Tax (JCT), equivalent to VAT, was introduced in April 1989. Since then, the standard tax rate has gradually increased to 10%. In addition, an 8% reduced tax rate was implemented from 2019 for certain goods and services. Effective from October 1, 2023, the Japanese consumption tax system will be significantly reformed with […]
Tesla Next Super Factory: What Does This Mean for China?
Where will Tesla’s second super factory be located? This question has, once again, attracted attention worldwide. In January, Elon Musk declared that this year he would announce the location of Tesla’s fifth super factory. Tesla currently has two local super factories, in Nevada and New York, as well as two overseas super factories in Shanghai, […]
Subsidiary in Poland: New holding regulation to come into force soon
Any company that is part of a holding acts in the interests of the holding and not in the interests of the company itself. This change in the rules governing holdings in Poland will have a massive impact on the activities and cooperation of all capital groups with subsidiaries. For example, parent companies will be […]
New double tax treaty signed between France and Denmark … finally
On 4 February 2022, after around 13 years, France and Denmark finally concluded an agreement to avoid the double taxation of income tax. However, the agreement is not yet in force. Both countries have yet to complete the legislative process – in France the parliamentary vote on approval and ratification is still pending. The Ecovis experts explain […]
Thin capitalisation in Croatia: New rules for companies
Businesses in Croatia are often financed with loans because the interest on the loan represents a cost and reduces income tax liability. However, for companies to be able to deduct the interest, they must consider the ratio between loan and capital as well as voting rights. The Ecovis consultants know exactly what to do and what to […]
Invest in Cambodia: The Importance of Financial Due Diligence
Tourism, together with clothing manufacturing, construction and agriculture, is one of the four key sectors supporting Cambodia’s economic expansion. In a major recent development, the Cambodian government removed all travel checks with regards to COVID-19 and is now issuing visas for tourists and for business visits as it was pre-pandemic. The result of this should […]
Removal of Foreign Income Tax Exemptions in Malaysia
As Malaysians anticipated special aid and recovery measures from the government in the midst of the COVID-19 crisis, they were caught by surprise when the Minister of Finance announced the removal of foreign source income exemption for residents when he tabled the Budget 2022. The two legislative changes proposed through the Finance Bill 2021 which […]