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ECOVIS International Is a New Member of the Forum of Firms

ECOVIS International Is a New Member of the Forum of Firms

ECOVIS International is a new member of the Forum of Firms starting January 2019. The Forum of Firms is an independent association of international networks of firms that perform transnational audits. The membership illustrates ECOVIS International’s further commitment to audit quality and opens up new opportunities for the partners of ECOVIS International in more than

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From the ECOVIS Network: Ecovis Americas Magazine – June 2019 Edition

From the ECOVIS Network: Ecovis Americas Magazine – June 2019 Edition

ECOVIS is thrilled to share with you our second issue of the Ecovis Americas Magazine. Publication is on a bimonthly basis, so the next edition will be issued by our partners in the Americas region next August. In this edition, we have articles regarding: Investment Projects in the Mexican Energy Sector New ISA’s in Guatemala

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From the ECOVIS Network: China’s Cryptocurrency & Blockchain Regulatory Environment

From the ECOVIS Network: China’s Cryptocurrency & Blockchain Regulatory Environment

In China, transactions in cryptocurrencies are heavily regulated. Ashley Tian of Ecovis Beijing, explains the limitations and effects in this article. Background Prior to 2017, China had the world’s largest cryptocurrency market – with 80% of bitcoin, the world’s leading digital coin.1 In July, 2018, the Central Bank of China stated that banning the domestic

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From the ECOVIS Network: Germany Putting Pressure on Dubious Tax Arrangements

From the ECOVIS Network: Germany Putting Pressure on Dubious Tax Arrangements

In line with the EU directive on the obligation to report certain forms of fiscal cross-border transaction, Germany is also considering imposing such an obligation for purely domestic tax arrangements. On 25 June 2018, the EU Directive 2018/822 on the automatic exchange of information in the field of taxation with respect to notifiable cross-border transactions

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From the ECOVIS Network: Amendments to the VAT Law of Turkey

From the ECOVIS Network: Amendments to the VAT Law of Turkey

  In recent years the Turkish tax authorities and courts have been in dispute as to whether exchange rate differences are subject to VAT. Now an amendment to the applicable law provides greater clarity. The influence of exchange rate differences on the financial performance of an economic unit is significant. Companies may have payables, debt

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From the ECOVIS Network: VAT refund available on construction works in Turkey

From the ECOVIS Network: VAT refund available on construction works in Turkey

VAT taxpayers can qualify for a VAT refund on their investment expenditures under article 13-d of the Value Added Tax Act No. 3065. The VAT refund is only applicable for machinery and equipment expenditure made under an investment incentive certificate for the manufacturing industry.   Temporary Article 37 of the Value Added Tax Act No.

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From the ECOVIS Network: Data Analytics & the Evolving Audit in the USA

From the ECOVIS Network: Data Analytics & the Evolving Audit in the USA

Big data is not only revolutionizing business strategies and product development but has also made its appearance in the auditing field. In order to be able to offer its clients an even higher standard of effective and efficient services, Marcum LLP has adopted the use of analytics tools in its auditing practices. An auditor has

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ECOVIS Romania – Tax Alert – Changes regarding the financial discipline of the collection & payment operations

ECOVIS Romania – Tax Alert – Changes regarding the financial discipline of the collection & payment operations

Esteemed Partner, We are happy to invite you to access the newest Tax Alert prepared by the ECOVIS Romania team. From its content: Changes regarding the financial discipline of the collection & payment operations starting with January 1st, 2019 The taxation of the transactions with cryptocurrencies Changes regarding the delivery of the social houses with

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Legal Info – The modification of the gross minimal national basic salary guaranteed for payment (01.01.2019)

Legal Info – The modification of the gross minimal national basic salary guaranteed for payment (01.01.2019)

Esteemed Partner,  We would like to invite you to access the most recent Legal Info written by the ECOVIS Romania team.  Summary:  The modification of the gross minimal national basic salary guaranteed for payment starting with January 1st, 2019 Review of the legal requirements regarding the employees Legal Info – 18.12.2018 – EN

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Sole Statement – Updates

Sole Statement – Updates

Info – Update on Sole Statement – 27.06.2018 – EN

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