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 […]
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 […]
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 […]
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 […]
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 […]
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 […]
COVID-19 and the Big Quit: Keys to Employee Retention
In early 2020 the world as we knew it changed and it is doubtful that many of us foresaw the extent of those changes and how long they would last. When the pandemic first hit the world, there were predictions of economic meltdown as we all raced to come to terms with the challenges COVID-19 […]
COVID-19 and the Big Quit: Keys to Employee Retention
In early 2020 the world as we knew it changed and it is doubtful that many of us foresaw the extent of those changes and how long they would last. When the pandemic first hit the world, there were predictions of economic meltdown as we all raced to come to terms with the challenges COVID-19 […]
E-Tax Vietnam: Launch of E-Portal And Tax Mobile App
Limited liability companies established in Croatia must pay corporate income tax of 18% or 12%, depending on the revenues generated, with the 12% rate applying to annual revenues below HRK (Croatian kuna) 3 million. The Ecovis experts know that full tax exemption is possible within the EU. Decision on the distribution of profit Each member […]