New Electronic Address Requirements For Turkish Tax Payers

As a result of inevitable changes in technology and due to the ever expanding and limited time schedule of businessmen worldwide, a law was required to create solutions to shorten the distance between people. Certainly, one of them was enabling people to assist each other electronically when sending notices / notifications.

Only few years ago Turkey was also introduced to electronic notification by virtue of a provision added to the Turkish Code of Notification No. […]

By |August 28th, 2015|

Brazil: Taxation Of Financial Income And Abuses Committed By The Government

After years of poor government management, the price to pay is huge. Thoughtless policies, increased government spending, funds raised for social programs with limited interests, and no interest in collectivity, led to a deficit hard to wipe out.

It is evident how the current government ignores simple economic concepts, such as the Laffer curve, which shows that increasing tax rates beyond a certain point is counter-productive for raising tax revenue. On the contrary, after a […]

By |August 26th, 2015|

Tax secrecy and transparency: ATO to report information about companies with a total income of $100 million or more

On 1 July 2015, laws requiring the Australian Taxation Office (ATO) to publish the ABN, company name, total revenue, declared taxable income and tax payable of public and proprietary companies with a total income of $100 million or more came into effect. The ATO has indicated that the first report will likely be published in late November or early December 2015, covering information from the 2013-14 income year.

In this Alert, Partner Justin Byrne and […]

By |July 17th, 2015|