News

Are you ready for DAC6?

The EU Directive (DAC6) requires EU intermediaries (including accounting and law firms and other corporate service providers ) and/or taxpayers involved in cross-border arrangements to make a disclosure to their tax authority if certain requirements are met. The directive is not effective until 1 July 2020, however taxpayers and intermediaries need to monitor their cross-border […]

Read more

Published – Case study Robeco on OneSource DataFlow for Tax Reporting

Thomson Reuters together with Robeco published a case study on the implementation of the OneSource DataFlow for Tax Reporting solution in combination with a restructuring of the tax reporting process. A combined effort between Robeco (Tax and Finance), ATC and Thomson Reuters. By successfully implementing the solution and accompanying process globally, we enabled the tax […]

Read more

Advance Tax Compliance joins Thomson Reuters ONESOURCE Certified Implementer Program as first European firm in Silver Tier

Rotterdam, May 3rd 2018 – Advance Tax Compliance (ATC) announced today that it has joined the Thomson Reuters ONESOURCE Certified Implementer Program (CIP) as the first European Silver Tier CIP Firm. Thomson Reuters recently applied a tiered structure to CIP to further enable and formalize the growing implementer ecosystem of ONESOURCE, the company’s market-leading corporate […]

Read more

31 countries enable automatic sharing of Country-by-Country information

January 27, 2016 – OECD – A boost to transparency in international tax matters: 31 countries sign tax co-operation agreement to enable automatic sharing of country by country information. These countries will automatically share your Country-by-Country Report. Countries in scope:   Australia, Austria, Belgium, Chile, Costa Rica, Czech Republic, Denmark, Estonia, Finland, France, Germany, Greece, […]

Read more

Country-by-Country reporting – It all starts with data gathering

Recently the OECD commission published the various Action reports on Base Erosion and Profit Shifting (BEPS). Where most of the advisory firms speak about the analysis to be performed on the data, little attention is given to the actual gathering of the data to enable the analysis. Let’s talk about the elephant in the room, […]

Read more

‘More than 90% of spreadsheets contain errors’ – Are you in control or ready for improvement?

In a recently published article (please see link to article below) of the Financial Times the author pointed out the danger that, although companies are more and more aware of internal as well as external risks, the basic information gathering and storing processes are full of errors. This due to the use of uncontrollable amounts […]

Read more

IASB proposals to improve the Framework for Financial Reporting

On 28 May the IASB issued an exposure draft setting out proposals for a revised conceptual framework for financial reporting to deal issues such as the definitions of ‘asset’ and ‘liability’, the rationale for different bases of measurement, and amongst others the thinking behind what should go through the income statement or OCI. For more information: […]

Read more