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USA: Have you made payments to contractors during 2019?
The Internal Revenue Service (IRS) makes it mandatory to report payments made for fees, commissions or contracted services for work performed within the U.S. to independent contractors on form 1099.If you find yourself in this [...]
UE: Quick fixes. Mandatory VAT ID number for tax exemption for EU deliveries
The correct indication of the VAT ID as a prerequisite for a tax exemption of intra-Community supplies is the 4th and last immediate measure within the "Quick Fixes", which have been decided by the [...]
2020 Updates. Nordic countries: New Protocol to Nordic Tax Treaty
Last November 2019, Government Decree 1058/2019 has been published by Finland. In this document, Finland, that acts as depositary, sets November 28th, 2019, as the entry into force date for the amending protocol to [...]
2020 Updates. Colombia: ‘Law for Economic Growth’ challenges
Colombia is at a turning point. About a year and a half into the government of Ivan Duque, the country's economy has been a constant example of growth in recent years, marked by stability [...]
Auxadi continues its expansion: New international subsidiary in the Netherlands
Auxadi, the 100 % independent accounting firm leader in outsourcing services in accountancy, tax compliance and payroll, has taken another big step forward in its own internationalization strategy as it announces the opening of [...]
2020 Updates. Norway: New accounting and tax reporting formats (SAF-T) mandatory from January 1st 2020
As the year 2020 begins, Norway faces legislative novelties regarding accounting and tax reporting. The Norwegian Ministry of Finance, following the recommendation of the OECD and in cooperation with the business community and tax [...]