Statutory financial reporting is the keystone of any compliance process. But, with ever-changing regulations, global political shifts, and an increased reliance on digital data, it can be complex and prone…
Read more
The New Pillar 2 Global Minimum Tax Regime:
How tax teams can build a global compliance and reporting infrastructure With the introduction of GMT, the burden of expectations on tax teams is now more complex. For many countries,…
Read more
Trump 2.0: From rhetoric to reality
U.S. President Trump’s early moves revealed a more aggressive trade agenda a month into his second term at the White House.
Read more
Leveraging the Orbitax Global Minimum Tax Solution for BEPS Pillar Two in a Co-Sourced Model
The implementation of BEPS (Base Erosion and Profit Shifting) Pillar Two brings significant challenges for multinational enterprises (MNEs) navigating the global minimum tax rules. Unlike traditional outsourcing models, where compliance…
Read more
VAT Determination: Avoiding the Domino Effect
Understanding the intricacies of Value-Added Tax (VAT) is crucial for any business operating in a global marketplace. VAT determination allows organizations to identify business scenarios where products and/or services are…
Read more
How to achieve global minimum tax compliance with limited resources?
International tax planning is undergoing enormous change. By the beginning of 2024, a new Global Minimum Tax (GMT) regime will come into effect under the OECD’s base erosion and profit-sharing…
Read more
Financial compliance and the business case for statutory reporting software
Statutory reporting and disclosure management obligations cannot be completed in a quick and compliant manner without the right software. For companies that have not yet adopted the right software solution,…
Read moreIs Statutory Reporting Software Worth the Investment?
When it comes to maintaining financial compliance, legacy statutory reporting processes and software is not a viable option. The potential risks include penalties for late filing, inefficiencies, reputational damage, costly audits and downstream impacts for tax teams.
Read more
Are spreadsheets hindering your indirect tax processes?
Spreadsheets have their place, there’s no doubt about that. But the way they’re being used in the indirect tax world right now is a cause for concern.
Read more
Thomson Reuters MENA: Hot Seat Episode 5
Economic Substance Regulation and Country-by-Country Reporting in the GCC About the interviewee Brian Conn heads the VAT practice for Kingdom of Saudi Arabia and the UAE at BDO Chartered Accountants…
Read more