Understand the new regulations published by the Mexican Tax Authorities related to Electronic Accounting, which are effective 1 January 2015 and which impact all corporations and certain individuals doing business in Mexico.
We make VAT Reporting in GCC countries very easy. Read our free VAT guide for a step-by-step walkthrough of how to use Tax reporting tool by Azdan to solve the Value Added Tax in GCC countries.
UK: Briefing Paper - Are you ready for Making Tax Digital? Alex Baulf
The UK government is going ahead with its Making Tax Digital (“MTD”) programme, starting with VAT-registered taxpayers. From 1 April 2019, businesses with a turnover above the VAT registration threshold will be required to keep specified minimum records in the VAT account and to submit the current nine- box VAT return to HMRC via Application Program Interface (“API”) software (linking either the accounting system or excel spreadsheets to the HMRC system).
UK: Are you ready for Making Tax Digital (for VAT)?Ksenia Skatchkova
From 1 April 2019, businesses with a turnover above the VAT registration threshold will be required to keep specified minimum records in their VAT account and to submit the current nine-box VAT return to HMRC via Application Program Interface (API) software.
Grant Thornton's Tax Software and Tax Technology teams are currently working towards developing software solutions to enable our clients to submit their nine-box VAT return online via API. In the interim, we can assist your VAT compliance function by tailoring you existing API-enabled accounting software to meet the requirements of MTD, as well as exploring other technology solutions to meet your business needs.
Immediate supply of information sii - in spain - in force on 1 july 2017 copyRichard H. Cornelisse
In Spain a new VAT reporting system will enter into force on the 1st of July 2017. The new Spanish requirements will have a huge impact on many (multi)nationals that run SAP.
Looking at the latest legislation to impact on AP and Finance teams in the UK. Making Tax Digital (MTD) for VAT. Includes a look at Global trends and how technology can help.
We make VAT Reporting in GCC countries very easy. Read our free VAT guide for a step-by-step walkthrough of how to use Tax reporting tool by Azdan to solve the Value Added Tax in GCC countries.
UK: Briefing Paper - Are you ready for Making Tax Digital? Alex Baulf
The UK government is going ahead with its Making Tax Digital (“MTD”) programme, starting with VAT-registered taxpayers. From 1 April 2019, businesses with a turnover above the VAT registration threshold will be required to keep specified minimum records in the VAT account and to submit the current nine- box VAT return to HMRC via Application Program Interface (“API”) software (linking either the accounting system or excel spreadsheets to the HMRC system).
UK: Are you ready for Making Tax Digital (for VAT)?Ksenia Skatchkova
From 1 April 2019, businesses with a turnover above the VAT registration threshold will be required to keep specified minimum records in their VAT account and to submit the current nine-box VAT return to HMRC via Application Program Interface (API) software.
Grant Thornton's Tax Software and Tax Technology teams are currently working towards developing software solutions to enable our clients to submit their nine-box VAT return online via API. In the interim, we can assist your VAT compliance function by tailoring you existing API-enabled accounting software to meet the requirements of MTD, as well as exploring other technology solutions to meet your business needs.
Immediate supply of information sii - in spain - in force on 1 july 2017 copyRichard H. Cornelisse
In Spain a new VAT reporting system will enter into force on the 1st of July 2017. The new Spanish requirements will have a huge impact on many (multi)nationals that run SAP.
Looking at the latest legislation to impact on AP and Finance teams in the UK. Making Tax Digital (MTD) for VAT. Includes a look at Global trends and how technology can help.
The Electronic Way (e-way) bill is the new procedure introduced by the government to curb the tax evasion taking place under the current value added tax (VAT) laws. Each state presently requires various documentation like waybills, permit forms, declarations, challans, etc., for the transportation of goods. The e-way bill shall unify all these with a standard documentation procedure under the Goods and Services Tax (GST) regime.
In the evolving environment of the new GST regime it is envisioned that the GST Suvidha Providers (GSP) concept is going to play a very important and strategic role.
The GST Council has decided to introduce with centralized issuance of an unique number (Invoice Reference number) for each B2B invoice on reporting of invoice data to a central portal with effective(Mandate) date from 1stApril 2020 for all Tax payers The new system will lead to one-time reporting on B2B invoice data in the form it is generated to reduce reporting in multiple formats (one for GSTR 1 and the other for e-way bill) and to generate Sales and Purchase Registers (ANX-1 and ANX-2) and from this data to keep the Return (RET-1 etc.) ready for filing.
Electronic Filing and Payment System For Entrepreneurs, Self-Employed Individ...elizabeth costales
Free webinar was conducted on November 1, 2013 in coordination with DigitalFilipino.com.
TOPIC: Electronic Filing and Payment System for Entrepreneurs, Self-Employed Individuals, Professionals and Mixed-Income Earners
24th January 2018 | For more information visit https://www.thesaurus.ie
Under the new legislation, whenever Irish employers pay their employees, a file must be submitted (electronically) to Revenue containing details of these payments.
The contents of this file will be similar to the details currently submitted in the annual P35, however, unlike the annual P35, this file must be submitted each pay period. Therefore, in most cases, the submission will be made either weekly or monthly.
This real time information will enable Revenue to ensure that employees are receiving their correct credits and cut off points. This in turn should mean that the incidence of year end over/underpayments of income tax will be substantially reduced.
We have designed a webinar to explain the ins and outs of what PAYE Modernisation means for your business and your payroll processing.
Agenda
An introduction to PAYE Modernisation including recent changes
What direct effect will this have on employers?
What direct effect will this have on employees?
What are the possible downsides for employers?
Revenue’s delivery schedule
The role out of PAYE Modernisation in the UK
Processing manually or using payroll software?
The Panel:
Main presenter: Paul Byrne
Guest presenter: Sinead Sweeney
Guest Panelist: Sandra Clarke
The Goods and Services Tax (GST) is introduced to bring a single unified tax regime for India, which will consolidate many different taxes into a single tax regime.
The intention is to bring predictability and lower operating costs for businesses because the GST will reduce the overall tax burden by reducing the impacts of cascading taxes and allow the cross-utilization of tax credits across the supply chain.
All the enterprises must gear up for a smooth deployment of GST related changes in their application landscape. Without proper technical and application environment, GST compliance will be impossible.
Customer challenges
Organizations do not necessarily have in-house expertise to cope up with the deployment and management of changes related to GST. As the government tries to streamline the process, periodic changes and report requirements (GSTR1, GSTR2, e-Way Bill, e-Invoicing etc.) are generated.
SAP is regularly delivering various notes and patches to support the technical architecture for addressing these requirements.
However, extracting the accurate data from the SAP system and then integrating it to the GSTN Portal (either with our without the help of GSP/ASP) is a huge challenge requiring substantial efforts.
Grant Thornton - Global Tax Automation TalkbookAlex Baulf
Instead, there is suite of solutions available (from different software solution providers and consultants) which are each designed to relieve specific pressure points in the global VAT/GST compliance process. This high level talkbook is designed to set out the pressure points at each stage of the VAT/GST compliance cycle and the various options at a high level to help facilitate an impartial commercial discussion around tax automation and technology solutions.
Technology shouldn't be deployed in isolation and instead it should be implemented alongside best practices as part
of a wider tax control framework, encompassing Technology, People, Process and Data.
Income tax returns; how E-Filing is made easyQuicko.com
With passage of time, the E-governance has evolved significantly and in recent times we witnessed the launch of Digital India Programme with the vision to transform India into a digitally empowered society and knowledge economy.
For more information visit https://www.thesaurus.ie or https://www.brightpay.co.uk
PAYE Modernisation will change how payroll information is reported to Revenue. Every time employees are paid, a file will need to be submitted (electronically) to Revenue, consisting of all details of employee payments, deductions and leaver information. The contents will be somewhat similar to the current annual P35, but this file will be submitted every pay period (weekly, monthly, fortnightly, etc.).
Getting ready for PAYE Modernisation
This CPD webinar has been designed to uncover the ins and outs of what PAYE Modernisation means for your payroll bureau and your clients.
Agenda
An overview of PAYE Modernisation
Elimination of the P forms - P30, P60 P35, P46 and P45 forms
Recent updates and changes to PAYE Modernisation
How payroll software will handle real time processing
Making corrections in real time
Can PAYE Modernisation be processed manually?
Bureau payroll practises and how best to handle the new system
Communicating the new system to your clients
Updating your letters of engagement
The impact of PAYE Modernisation on employees
Revenue Presentation
The Panel
Main presenter: Paul Byrne
Guest presenter: Sinead Sweeney
Guest presenter: Sandra Clarke
GST in India - Impact Assessment & ImplementationNimish Goel
GST is proposed to be implemented in India from April 1, 2017 and it is important for companies to get an impact assessment done and understand the implications on their margins, cash flows, business processes and tax obligations. International Business Advisors (www.ibadvisors.co) is working with its clients to help transition to this new legislation.
Mexico - Electronic Accounting Records for Tax purposesAlex Baulf
The Mexican Congress has passed a series of amendments to the Federal Tax Code for the purpose of modernizing and facilitating the compliance and enforcement of tax obligations. With effect July 2014, the Tax Administration Service (SAT) will require tax payers to submit electronic accounting records - in essence, a standard audit file for tax purposes (SAF-T). This alert (translated from the original tax alert in Spanish) provides a high level commentary of the new requirements.
Lawyers, Paralegals and legal professionals have to adhere to monthly and year-end compliance rules set by Law Societies of their jurisdiction and also follow compliant financials for CRA this document explains how to get to that level of compliance in minutes
The Electronic Way (e-way) bill is the new procedure introduced by the government to curb the tax evasion taking place under the current value added tax (VAT) laws. Each state presently requires various documentation like waybills, permit forms, declarations, challans, etc., for the transportation of goods. The e-way bill shall unify all these with a standard documentation procedure under the Goods and Services Tax (GST) regime.
In the evolving environment of the new GST regime it is envisioned that the GST Suvidha Providers (GSP) concept is going to play a very important and strategic role.
The GST Council has decided to introduce with centralized issuance of an unique number (Invoice Reference number) for each B2B invoice on reporting of invoice data to a central portal with effective(Mandate) date from 1stApril 2020 for all Tax payers The new system will lead to one-time reporting on B2B invoice data in the form it is generated to reduce reporting in multiple formats (one for GSTR 1 and the other for e-way bill) and to generate Sales and Purchase Registers (ANX-1 and ANX-2) and from this data to keep the Return (RET-1 etc.) ready for filing.
Electronic Filing and Payment System For Entrepreneurs, Self-Employed Individ...elizabeth costales
Free webinar was conducted on November 1, 2013 in coordination with DigitalFilipino.com.
TOPIC: Electronic Filing and Payment System for Entrepreneurs, Self-Employed Individuals, Professionals and Mixed-Income Earners
24th January 2018 | For more information visit https://www.thesaurus.ie
Under the new legislation, whenever Irish employers pay their employees, a file must be submitted (electronically) to Revenue containing details of these payments.
The contents of this file will be similar to the details currently submitted in the annual P35, however, unlike the annual P35, this file must be submitted each pay period. Therefore, in most cases, the submission will be made either weekly or monthly.
This real time information will enable Revenue to ensure that employees are receiving their correct credits and cut off points. This in turn should mean that the incidence of year end over/underpayments of income tax will be substantially reduced.
We have designed a webinar to explain the ins and outs of what PAYE Modernisation means for your business and your payroll processing.
Agenda
An introduction to PAYE Modernisation including recent changes
What direct effect will this have on employers?
What direct effect will this have on employees?
What are the possible downsides for employers?
Revenue’s delivery schedule
The role out of PAYE Modernisation in the UK
Processing manually or using payroll software?
The Panel:
Main presenter: Paul Byrne
Guest presenter: Sinead Sweeney
Guest Panelist: Sandra Clarke
The Goods and Services Tax (GST) is introduced to bring a single unified tax regime for India, which will consolidate many different taxes into a single tax regime.
The intention is to bring predictability and lower operating costs for businesses because the GST will reduce the overall tax burden by reducing the impacts of cascading taxes and allow the cross-utilization of tax credits across the supply chain.
All the enterprises must gear up for a smooth deployment of GST related changes in their application landscape. Without proper technical and application environment, GST compliance will be impossible.
Customer challenges
Organizations do not necessarily have in-house expertise to cope up with the deployment and management of changes related to GST. As the government tries to streamline the process, periodic changes and report requirements (GSTR1, GSTR2, e-Way Bill, e-Invoicing etc.) are generated.
SAP is regularly delivering various notes and patches to support the technical architecture for addressing these requirements.
However, extracting the accurate data from the SAP system and then integrating it to the GSTN Portal (either with our without the help of GSP/ASP) is a huge challenge requiring substantial efforts.
Grant Thornton - Global Tax Automation TalkbookAlex Baulf
Instead, there is suite of solutions available (from different software solution providers and consultants) which are each designed to relieve specific pressure points in the global VAT/GST compliance process. This high level talkbook is designed to set out the pressure points at each stage of the VAT/GST compliance cycle and the various options at a high level to help facilitate an impartial commercial discussion around tax automation and technology solutions.
Technology shouldn't be deployed in isolation and instead it should be implemented alongside best practices as part
of a wider tax control framework, encompassing Technology, People, Process and Data.
Income tax returns; how E-Filing is made easyQuicko.com
With passage of time, the E-governance has evolved significantly and in recent times we witnessed the launch of Digital India Programme with the vision to transform India into a digitally empowered society and knowledge economy.
For more information visit https://www.thesaurus.ie or https://www.brightpay.co.uk
PAYE Modernisation will change how payroll information is reported to Revenue. Every time employees are paid, a file will need to be submitted (electronically) to Revenue, consisting of all details of employee payments, deductions and leaver information. The contents will be somewhat similar to the current annual P35, but this file will be submitted every pay period (weekly, monthly, fortnightly, etc.).
Getting ready for PAYE Modernisation
This CPD webinar has been designed to uncover the ins and outs of what PAYE Modernisation means for your payroll bureau and your clients.
Agenda
An overview of PAYE Modernisation
Elimination of the P forms - P30, P60 P35, P46 and P45 forms
Recent updates and changes to PAYE Modernisation
How payroll software will handle real time processing
Making corrections in real time
Can PAYE Modernisation be processed manually?
Bureau payroll practises and how best to handle the new system
Communicating the new system to your clients
Updating your letters of engagement
The impact of PAYE Modernisation on employees
Revenue Presentation
The Panel
Main presenter: Paul Byrne
Guest presenter: Sinead Sweeney
Guest presenter: Sandra Clarke
GST in India - Impact Assessment & ImplementationNimish Goel
GST is proposed to be implemented in India from April 1, 2017 and it is important for companies to get an impact assessment done and understand the implications on their margins, cash flows, business processes and tax obligations. International Business Advisors (www.ibadvisors.co) is working with its clients to help transition to this new legislation.
Mexico - Electronic Accounting Records for Tax purposesAlex Baulf
The Mexican Congress has passed a series of amendments to the Federal Tax Code for the purpose of modernizing and facilitating the compliance and enforcement of tax obligations. With effect July 2014, the Tax Administration Service (SAT) will require tax payers to submit electronic accounting records - in essence, a standard audit file for tax purposes (SAF-T). This alert (translated from the original tax alert in Spanish) provides a high level commentary of the new requirements.
Lawyers, Paralegals and legal professionals have to adhere to monthly and year-end compliance rules set by Law Societies of their jurisdiction and also follow compliant financials for CRA this document explains how to get to that level of compliance in minutes
SYSTEMIC REPORT "PROBLEMS WITH ADMINISTERING BUSINESS TAXES IN UKRAINE" (OCTO...Iaroslav GREGIRCHAK
The Report commences by studying recently introduced system of the VAT electronic administration – one of the most turbulent issues for the corporate taxpayers in Ukraine – followed by the analysis of the current situation with VAT cash refund, which has historically been one of the most significant problems in the Ukrainian tax system. The third issue we paid attention to in the Report is the practice at the part of the tax authorities to abuse their authority to verify the actual location of the taxpayers by assigning taxpayers’ with the so-called “state 9 status”, which triggers various negative ramifications for the latter. The fourth systemic issue described in the Report is the problem with the tax audits carried out by the tax authorities. The last systemic problem studied in the Report is the inefficient functioning of the procedure of the so-called “administrative appeal” aimed at enabling taxpayers to challenge the malpractice of the tax authorities.
Our analysis of the foregoing systemic problems unveiled two major cross-cutting deficiencies attributable to the Ukrainian tax administration system as a whole. In our view, both of them require adequate redress, at least by ensuring that the contemplated amendments to the Tax Code are sufficiently effective.
First, it is the poor level of communication management of the Ukrainian tax authorities at all levels (including both the State Fiscal Service and tax authorities at the lower levels). Hence, there is a strong need to regularly disclose certain data and statistics to the public. Among other things it is expected that such an approach should enable the latter to better monitor the activities of the State Fiscal Service. The specific list of such information and/or data shall be elaborated in cooperation with the representatives of the public and non-governmental organizations. Yet, in our view, it may include, inter alia, amounts of incomings to the State Budget (with a breakdown into major taxes); amounts of VAT reimbursed and VAT outstanding for reimbursement; amounts of taxes overpaid by the taxpayers; amount of the taxpayers’ tax debt; number of tax audits with breakdown into various types of audits; number of appeals against the decisions of the tax authorities (with a breakdown into successful and non-successful), etc.
Second, the contemplated “tax reform” shall be implemented with the view of the subsequent predictability (stability) of the revised tax legislation. The respective principle has been historically embodied in Ukrainian tax legislation, but rarely complied with in practice. Over the past year, the tax legislation has been amended and changed many times, thus, provoking the public outcry and disturbing the normal day-to-day operations of the Ukrainian businesses. Hence, it is expected from the Government, that once the “tax reform” is implemented, it will not undergo further significant change for a reasonably long period of time.
Puerto Rico's Treasury Department announces new services and transactions thr...Maria T. Riollano
Puerto Rico’s Treasury Department announces implementation of additional tax obligations to be managed through SURI
and the changes to the withholding vouchers and informative returns
ITR Filing: Know All About Intimation Notice by the Income Tax Department U/S...Corwhite Corp
After the Income Tax Department has processed the income tax return, it will send an intimation notice to taxpayers under section 143(1) of the Income Tax Act 1961.
06_03_DTT_EN Digital VAT Administration System Implementation for B2B - LONG ...DigitalTaxTechnologi
Digital VAT/GST Administration System Implementation Overview
Implementation of DTT solutions for digital VAT/GST administration can increase annual tax collection by up to 150%
info@taxtech.digital www.taxtech.digital
Executive Summary
DTT recommends to implement the 3rd generation of the Digital VAT/GST/Sales Tax Administration (DVA) system, integrated with existing Tax Administration’s IT systems
Expected Results
Error-free collection of the VAT data. Buyers do not submit VAT invoices and use “golden record” of sellers' invoices to reduces administration burden and number of data entry errors
Highly scalable automated VAT Administration process not dependent on the subjective judgement by taxpayers and tax officers
Elimination of the tax gaps with identification of participants and beneficiaries in VAT evasion schemes
Reduced Tax Administration’s time and resources otherwise required for performing manual control work and audits
After 3-4 years following successful system launch, implementation of DVA solutions may increase annual tax collection by up to 150%
1. Implementation of the
Base DVA solution:
• Sellers on VAT regime compulsory submit electronic VAT-invoices to Tax Administration.
• DVA system performs format-logic control and saves data in the secure Invoice Repository for further use.
• Buyers on VAT regime get online access to the “golden record” of sellers' invoices, verify its correctness and can get VAT credits and refunds.
Focus on the error-free collection of the VAT data, comparison of invoice data with tax return data and payment data, calculation and visualization of the simple tax gap
2. Implementation of the
Advanced DVA solution:
• Automatic detection of the complex Tax Gaps, VAT optimization chains, evasion participants, beneficiaries, and VAT taxpayer risk profiling.
• Digital Taxpayer Communications with notifications for voluntary gap closure.
• Automatic calculation of VAT payable; prefilled tax returns or automatic accruals with non-filing of returns.
• Integration with Taxpayer Accounting Systems for automatic invoice submission.
Focus on identifying complex tax gaps, optimization schemes, their participants and beneficiaries
DVA Implementation Project’s Goals and Objectives
Goals
To prevent VAT taxpayers from submitting erroneous invoices and tax returns and to stop intentional VAT evasion
To improve the efficiency and reduce costs of VAT administration
To increase annual VAT/GST collection up to 150%
Objectives
Implementation of the Base DVA solution ensures accurate voluntary taxpayers’ compliance by:
Preventing possible errors in submissions related to the fulfillment of VAT tax obligations
Automatic comparison of invoice data with tax return data and payment data
Automatic calculation and visualization of the simple tax gaps
info@taxtech.digital www.taxtech.digital
Self-Assessment is the system that was created by HM Revenue & Customs (HMRC) to ensure the correct amount of tax is collected for a tax year. You should therefore check each year whether you need to submit a self-assessment tax return.
Evaluation of Tax Inspection on Annual Information Income Taxes Corporation T...theijes
This research aims to evaluate the implementation of the tax inspection against the letter of annual information corporation taxpayer which is done by the tax inspection at the tax office Pratama Kendari. This research is a qualitative descriptive. Data were collected from interview and documentation. Data analysis method used is the descriptive with how to describe the implementation of the tax examination. The research result show that the tax inspection conducted by the Tax Office Pratama Kendari is in accordance with the terms of the specified examination, namely the term of the Regulation Minister of Finance Republic Indonesia number 184/PMK,03/2015 about changes to the regulation of the Minister of Finance number 17/PMK.03.2013 about procedure for tax examination. The implementation of tax inspection on the letter of annual information corporation taxpayer on the Tax Office Pratama Kendari provide a good influence in the improving the effectiveness of the taxpayer in his tax obligation.
Evaluation of Tax Inspection on Annual Information Income Taxes Corporation T...theijes
This research aims to evaluate the implementation of the tax inspection against the letter of annual information corporation taxpayer which is done by the tax inspection at the tax office Pratama Kendari. This research is a qualitative descriptive. Data were collected from interview and documentation. Data analysis method used is the descriptive with how to describe the implementation of the tax examination. The research result show that the tax inspection conducted by the Tax Office Pratama Kendari is in accordance with the terms of the specified examination, namely the term of the Regulation Minister of Finance Republic Indonesia number 184/PMK,03/2015 about changes to the regulation of the Minister of Finance number 17/PMK.03.2013 about procedure for tax examination. The implementation of tax inspection on the letter of annual information corporation taxpayer on the Tax Office Pratama Kendari provide a good influence in the improving the effectiveness of the taxpayer in his tax obligation
Preparing for the OECD Common Reporting StandardCognizant
Maintaining planogram compliance enables retail organizations to better fulfill consumers' expectations and realize higher returns from their display investments by having the right product in the right place, in the right quantity, at the right price, at the right time.
Tax practitioners, as they rightly say, wear many hats; from document sorting to
being a government form translator, and from being a deadline timekeeper to
being a counselor for their clients, they have to do everything during the months
from January through April.
With Tax Season 2019 just around the corner, there is a list of few things that every
tax preparer must have at their disposal to make the most of it when required.
Similar to New Electronic Accounting Regulations in Mexico (SAT 2015) (20)
Encuesta Global de Resiliencia de Negocios. Global Business Resilience Survey...Nuricumbo + Partners
COMPRENDER LA PROBLEMÁTICA DEL SECTOR EMPRESARIAL DENTRO Y FUERA DE MEXICO ANTE LA PANDEMIA COVID-19. IDENTIFICAR PRINCIPALES TENDENCIAS, ASÍ COMO RIESGOS Y OPORTUNIDADES.
TO UNDERSTAND THE PROBLEMS OF THE BUSINESS SECTOR IN AND OUTSIDE MEXICO CAUSED BY THE COVID-19 PANDEMIC. IDENTIFY THE MAIN TRENDS, RISKS AND OPPORTUNITIES.
Encuesta Global de Resiliencia de Negocios. Global Business Resilience Survey...Nuricumbo + Partners
COMPRENDER LA PROBLEMÁTICA DEL SECTOR EMPRESARIAL DENTRO Y FUERA DE MEXICO ANTE LA PANDEMIA COVID-19. IDENTIFICAR PRINCIPALES TENDENCIAS, ASÍ COMO RIESGOS Y OPORTUNIDADES.
TO UNDERSTAND THE PROBLEMS OF THE BUSINESS SECTOR IN AND OUTSIDE MEXICO CAUSED BY THE COVID-19 PANDEMIC. IDENTIFY THE MAIN TRENDS, RISKS AND OPPORTUNITIES.
Nuricumbo + Partners is specialized on subjects such as financial due diligence for M&A, special audits, independent process assessments, debt/equity solutions, on-demand financial talent, anti-corruption initiatives, enterprise risk management, and corporate governance. We have become trusted business advisors for companies of all sizes, providing direct support to CEOs and CFOs in special or confidential projects.
Encuesta Global de Resiliencia de Negocios. Global Business Resilience Survey...Nuricumbo + Partners
COMPRENDER LA PROBLEMÁTICA DEL SECTOR EMPRESARIAL DENTRO Y FUERA DE MEXICO ANTE LA PANDEMIA COVID-19. IDENTIFICAR PRINCIPALES TENDENCIAS, ASÍ COMO RIESGOS Y OPORTUNIDADES.
TO UNDERSTAND THE PROBLEMS OF THE BUSINESS SECTOR IN AND OUTSIDE MEXICO CAUSED BY THE COVID-19 PANDEMIC. IDENTIFY THE MAIN TRENDS, RISKS AND OPPORTUNITIES.
Nuricumbo + Partners is specialized on subjects such as financial due diligence for M&A, special audits, independent process assessments, debt/equity solutions, on-demand financial talent, anti-corruption initiatives, enterprise risk management, and corporate governance. We have become trusted business advisors for companies of all sizes, providing direct support to CEOs and CFOs in special or confidential projects.
Nuricumbo + Partners is specialized on subjects such as financial due diligence for M&A, special audits, independent process assessments, debt/equity solutions, on-demand financial talent, anti-corruption initiatives, enterprise risk management, and corporate governance. We have become trusted business advisors for companies of all sizes, providing direct support to CEOs and CFOs in special or confidential projects.
Encuesta Global de Resiliencia de Negocios. Global Business Resilience Survey...Nuricumbo + Partners
COMPRENDER LA PROBLEMÁTICA DEL SECTOR EMPRESARIAL DENTRO Y FUERA DE MEXICO ANTE LA PANDEMIA COVID-19. IDENTIFICAR PRINCIPALES TENDENCIAS, ASÍ COMO RIESGOS Y OPORTUNIDADES.
TO UNDERSTAND THE PROBLEMS OF THE BUSINESS SECTOR IN AND OUTSIDE MEXICO CAUSED BY THE COVID-19 PANDEMIC. IDENTIFY THE MAIN TRENDS, RISKS AND OPPORTUNITIES.
Nuricumbo + Partners is specialized on subjects such as financial due diligence for M&A, special audits, independent process assessments, debt/equity solutions, on-demand financial talent, anti-corruption initiatives, enterprise risk management, and corporate governance. We have become trusted business advisors for companies of all sizes, providing direct support to CEOs and CFOs in special or confidential projects.
Encuesta Global de Resiliencia de Negocios. Global Business Resilience Survey...Nuricumbo + Partners
COMPRENDER LA PROBLEMÁTICA DEL SECTOR EMPRESARIAL DENTRO Y FUERA DE MEXICO ANTE LA PANDEMIA COVID-19. IDENTIFICAR PRINCIPALES TENDENCIAS, ASÍ COMO RIESGOS Y OPORTUNIDADES.
TO UNDERSTAND THE PROBLEMS OF THE BUSINESS SECTOR IN AND OUTSIDE MEXICO CAUSED BY THE COVID-19 PANDEMIC. IDENTIFY THE MAIN TRENDS, RISKS AND OPPORTUNITIES.
Nuricumbo + Partners is specialized on subjects such as financial due diligence for M&A, special audits, independent process assessments, debt/equity solutions, on-demand financial talent, anti-corruption initiatives, enterprise risk management, and corporate governance. We have become trusted business advisors for companies of all sizes, providing direct support to CEOs and CFOs in special or confidential projects.
Encuesta Global de Resiliencia de Negocios. Global Business Resilience Survey...Nuricumbo + Partners
COMPRENDER LA PROBLEMÁTICA DEL SECTOR EMPRESARIAL DENTRO Y FUERA DE MEXICO ANTE LA PANDEMIA COVID-19. IDENTIFICAR PRINCIPALES TENDENCIAS, ASÍ COMO RIESGOS Y OPORTUNIDADES.
TO UNDERSTAND THE PROBLEMS OF THE BUSINESS SECTOR IN AND OUTSIDE MEXICO CAUSED BY THE COVID-19 PANDEMIC. IDENTIFY THE MAIN TRENDS, RISKS AND OPPORTUNITIES.
Nuricumbo + Partners is specialized on subjects such as financial due diligence for M&A, special audits, independent process assessments, debt/equity solutions, on-demand financial talent, anti-corruption initiatives, enterprise risk management, and corporate governance. We have become trusted business advisors for companies of all sizes, providing direct support to CEOs and CFOs in special or confidential projects.
Encuesta Global de Resiliencia de Negocios. Global Business Resilience Survey...Nuricumbo + Partners
COMPRENDER LA PROBLEMÁTICA DEL SECTOR EMPRESARIAL DENTRO Y FUERA DE MEXICO ANTE LA PANDEMIA COVID-19. IDENTIFICAR PRINCIPALES TENDENCIAS, ASÍ COMO RIESGOS Y OPORTUNIDADES.
TO UNDERSTAND THE PROBLEMS OF THE BUSINESS SECTOR IN AND OUTSIDE MEXICO CAUSED BY THE COVID-19 PANDEMIC. IDENTIFY THE MAIN TRENDS, RISKS AND OPPORTUNITIES.
Nuricumbo + Partners is specialized on subjects such as financial due diligence for M&A, special audits, independent process assessments, debt/equity solutions, on-demand financial talent, anti-corruption initiatives, enterprise risk management, and corporate governance. We have become trusted business advisors for companies of all sizes, providing direct support to CEOs and CFOs in special or confidential projects.
Encuesta Global de Resiliencia de Negocios. Global Business Resilience Survey...Nuricumbo + Partners
COMPRENDER LA PROBLEMÁTICA DEL SECTOR EMPRESARIAL DENTRO Y FUERA DE MEXICO ANTE LA PANDEMIA COVID-19. IDENTIFICAR PRINCIPALES TENDENCIAS, ASÍ COMO RIESGOS Y OPORTUNIDADES.
TO UNDERSTAND THE PROBLEMS OF THE BUSINESS SECTOR IN AND OUTSIDE MEXICO CAUSED BY THE COVID-19 PANDEMIC. IDENTIFY THE MAIN TRENDS, RISKS AND OPPORTUNITIES.
Nuricumbo + Partners is specialized on subjects such as financial due diligence for M&A, special audits, independent process assessments, debt/equity solutions, on-demand financial talent, anti-corruption initiatives, enterprise risk management, and corporate governance. We have become trusted business advisors for companies of all sizes, providing direct support to CEOs and CFOs in special or confidential projects.
Encuesta Global de Resiliencia de Negocios. Global Business Resilience Survey...Nuricumbo + Partners
COMPRENDER LA PROBLEMÁTICA DEL SECTOR EMPRESARIAL DENTRO Y FUERA DE MEXICO ANTE LA PANDEMIA COVID-19. IDENTIFICAR PRINCIPALES TENDENCIAS, ASÍ COMO RIESGOS Y OPORTUNIDADES.
TO UNDERSTAND THE PROBLEMS OF THE BUSINESS SECTOR IN AND OUTSIDE MEXICO CAUSED BY THE COVID-19 PANDEMIC. IDENTIFY THE MAIN TRENDS, RISKS AND OPPORTUNITIES.
Nuricumbo + Partners is specialized on subjects such as financial due diligence for M&A, special audits, independent process assessments, debt/equity solutions, on-demand financial talent, anti-corruption initiatives, enterprise risk management, and corporate governance. We have become trusted business advisors for companies of all sizes, providing direct support to CEOs and CFOs in special or confidential projects.
Encuesta Global de Resiliencia de Negocios. Global Business Resilience Survey...Nuricumbo + Partners
COMPRENDER LA PROBLEMÁTICA DEL SECTOR EMPRESARIAL DENTRO Y FUERA DE MEXICO ANTE LA PANDEMIA COVID-19. IDENTIFICAR PRINCIPALES TENDENCIAS, ASÍ COMO RIESGOS Y OPORTUNIDADES.
TO UNDERSTAND THE PROBLEMS OF THE BUSINESS SECTOR IN AND OUTSIDE MEXICO CAUSED BY THE COVID-19 PANDEMIC. IDENTIFY THE MAIN TRENDS, RISKS AND OPPORTUNITIES.
Cracking the Workplace Discipline Code Main.pptxWorkforce Group
Cultivating and maintaining discipline within teams is a critical differentiator for successful organisations.
Forward-thinking leaders and business managers understand the impact that discipline has on organisational success. A disciplined workforce operates with clarity, focus, and a shared understanding of expectations, ultimately driving better results, optimising productivity, and facilitating seamless collaboration.
Although discipline is not a one-size-fits-all approach, it can help create a work environment that encourages personal growth and accountability rather than solely relying on punitive measures.
In this deck, you will learn the significance of workplace discipline for organisational success. You’ll also learn
• Four (4) workplace discipline methods you should consider
• The best and most practical approach to implementing workplace discipline.
• Three (3) key tips to maintain a disciplined workplace.
Business Valuation Principles for EntrepreneursBen Wann
This insightful presentation is designed to equip entrepreneurs with the essential knowledge and tools needed to accurately value their businesses. Understanding business valuation is crucial for making informed decisions, whether you're seeking investment, planning to sell, or simply want to gauge your company's worth.
Premium MEAN Stack Development Solutions for Modern BusinessesSynapseIndia
Stay ahead of the curve with our premium MEAN Stack Development Solutions. Our expert developers utilize MongoDB, Express.js, AngularJS, and Node.js to create modern and responsive web applications. Trust us for cutting-edge solutions that drive your business growth and success.
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The world of search engine optimization (SEO) is buzzing with discussions after Google confirmed that around 2,500 leaked internal documents related to its Search feature are indeed authentic. The revelation has sparked significant concerns within the SEO community. The leaked documents were initially reported by SEO experts Rand Fishkin and Mike King, igniting widespread analysis and discourse. For More Info:- https://news.arihantwebtech.com/search-disrupted-googles-leaked-documents-rock-the-seo-world/
Enterprise Excellence is Inclusive Excellence.pdfKaiNexus
Enterprise excellence and inclusive excellence are closely linked, and real-world challenges have shown that both are essential to the success of any organization. To achieve enterprise excellence, organizations must focus on improving their operations and processes while creating an inclusive environment that engages everyone. In this interactive session, the facilitator will highlight commonly established business practices and how they limit our ability to engage everyone every day. More importantly, though, participants will likely gain increased awareness of what we can do differently to maximize enterprise excellence through deliberate inclusion.
What is Enterprise Excellence?
Enterprise Excellence is a holistic approach that's aimed at achieving world-class performance across all aspects of the organization.
What might I learn?
A way to engage all in creating Inclusive Excellence. Lessons from the US military and their parallels to the story of Harry Potter. How belt systems and CI teams can destroy inclusive practices. How leadership language invites people to the party. There are three things leaders can do to engage everyone every day: maximizing psychological safety to create environments where folks learn, contribute, and challenge the status quo.
Who might benefit? Anyone and everyone leading folks from the shop floor to top floor.
Dr. William Harvey is a seasoned Operations Leader with extensive experience in chemical processing, manufacturing, and operations management. At Michelman, he currently oversees multiple sites, leading teams in strategic planning and coaching/practicing continuous improvement. William is set to start his eighth year of teaching at the University of Cincinnati where he teaches marketing, finance, and management. William holds various certifications in change management, quality, leadership, operational excellence, team building, and DiSC, among others.
Taurus Zodiac Sign_ Personality Traits and Sign Dates.pptxmy Pandit
Explore the world of the Taurus zodiac sign. Learn about their stability, determination, and appreciation for beauty. Discover how Taureans' grounded nature and hardworking mindset define their unique personality.
RMD24 | Debunking the non-endemic revenue myth Marvin Vacquier Droop | First ...BBPMedia1
Marvin neemt je in deze presentatie mee in de voordelen van non-endemic advertising op retail media netwerken. Hij brengt ook de uitdagingen in beeld die de markt op dit moment heeft op het gebied van retail media voor niet-leveranciers.
Retail media wordt gezien als het nieuwe advertising-medium en ook mediabureaus richten massaal retail media-afdelingen op. Merken die niet in de betreffende winkel liggen staan ook nog niet in de rij om op de retail media netwerken te adverteren. Marvin belicht de uitdagingen die er zijn om echt aansluiting te vinden op die markt van non-endemic advertising.
Explore our most comprehensive guide on lookback analysis at SafePaaS, covering access governance and how it can transform modern ERP audits. Browse now!
As a business owner in Delaware, staying on top of your tax obligations is paramount, especially with the annual deadline for Delaware Franchise Tax looming on March 1. One such obligation is the annual Delaware Franchise Tax, which serves as a crucial requirement for maintaining your company’s legal standing within the state. While the prospect of handling tax matters may seem daunting, rest assured that the process can be straightforward with the right guidance. In this comprehensive guide, we’ll walk you through the steps of filing your Delaware Franchise Tax and provide insights to help you navigate the process effectively.
Memorandum Of Association Constitution of Company.pptseri bangash
www.seribangash.com
A Memorandum of Association (MOA) is a legal document that outlines the fundamental principles and objectives upon which a company operates. It serves as the company's charter or constitution and defines the scope of its activities. Here's a detailed note on the MOA:
Contents of Memorandum of Association:
Name Clause: This clause states the name of the company, which should end with words like "Limited" or "Ltd." for a public limited company and "Private Limited" or "Pvt. Ltd." for a private limited company.
https://seribangash.com/article-of-association-is-legal-doc-of-company/
Registered Office Clause: It specifies the location where the company's registered office is situated. This office is where all official communications and notices are sent.
Objective Clause: This clause delineates the main objectives for which the company is formed. It's important to define these objectives clearly, as the company cannot undertake activities beyond those mentioned in this clause.
www.seribangash.com
Liability Clause: It outlines the extent of liability of the company's members. In the case of companies limited by shares, the liability of members is limited to the amount unpaid on their shares. For companies limited by guarantee, members' liability is limited to the amount they undertake to contribute if the company is wound up.
https://seribangash.com/promotors-is-person-conceived-formation-company/
Capital Clause: This clause specifies the authorized capital of the company, i.e., the maximum amount of share capital the company is authorized to issue. It also mentions the division of this capital into shares and their respective nominal value.
Association Clause: It simply states that the subscribers wish to form a company and agree to become members of it, in accordance with the terms of the MOA.
Importance of Memorandum of Association:
Legal Requirement: The MOA is a legal requirement for the formation of a company. It must be filed with the Registrar of Companies during the incorporation process.
Constitutional Document: It serves as the company's constitutional document, defining its scope, powers, and limitations.
Protection of Members: It protects the interests of the company's members by clearly defining the objectives and limiting their liability.
External Communication: It provides clarity to external parties, such as investors, creditors, and regulatory authorities, regarding the company's objectives and powers.
https://seribangash.com/difference-public-and-private-company-law/
Binding Authority: The company and its members are bound by the provisions of the MOA. Any action taken beyond its scope may be considered ultra vires (beyond the powers) of the company and therefore void.
Amendment of MOA:
While the MOA lays down the company's fundamental principles, it is not entirely immutable. It can be amended, but only under specific circumstances and in compliance with legal procedures. Amendments typically require shareholder
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Looking for professional printing services in Jaipur? Navpack n Print offers high-quality and affordable stationery printing for all your business needs. Stand out with custom stationery designs and fast turnaround times. Contact us today for a quote!
Pitch Deck Teardown: RAW Dating App's $3M Angel deck
New Electronic Accounting Regulations in Mexico (SAT 2015)
1. New Regulations on Electronic Accounting issued by Mexican Tax Authorities (SAT)
2. Electronic Accounting
Contents
Who must comply?
Who is exempt from filing?
What information must be sent?
When should it be sent?
1
2
3
4
5
How often should information be sent?
6
7
8
How to prepare information for filing?
9
Contents of Files.
10
Suggested methodology. Common challenges.
How to send information?
Penalties for non-compliance.
3. Electronic Accounting
Who must comply?
From January 1, 2015, all Corporations, including Non-profit Corporate Entities and Individuals, must keep electronic accounting records and send this information to the SAT on a regular basis.
4. Electronic Accounting
Who is exempt from filing?
Workers’ unions and their affiliate bodies, as well as the federal, state and municipal governments and any institutions which are legally required to return the full amount of their operational surplus to the federal government, and individuals whose income from the immediately preceding year did not exceed two million MXN, who use the “Mis cuentas” function, or who are currently covered by the Fiscal Incorporation scheme.
5. Electronic Accounting
What information must be sent?
A. Chart of accounts (To be filed one time at the start and every time there is a change). B. Trial balance (To be filed monthly) including initial balances, period transactions and final balances for each and every account including assets, liabilities, equity, P&L, and memo accounts. C. Journal entries (To be filed when requested by the SAT) including the details of each transaction such as account, sub- account, and payment information.
6. Electronic Accounting
When should it be sent?
Trial Balance for the month of:
Submit by: *
July
January 2015
August
January 2015
September and October
January 2015
November and December
January 2015
Individuals will begin filing as of January 2015 as well.
* Obligation for all months has been recently pushed back to January 2015.
7. Electronic Accounting
How often should information be sent?
Journal entries are to be filed when required by the authority (tax audits, tax refunds, tax compensations, etc.) (rule I.2.8.8).
Document
Submission Date
Chart of Accounts
Only once with the first filing, and each time changes are made.
Monthly Trial Balance
Corporations, by the 25th of the month immediately following.
Individuals, by the 27th of the month immediately following.
End-of-Year Trial Balance
Corporations, by April 20th of the year immediately following.
Individuals, by May 22nd of the year immediately following.
8. Electronic Accounting
How to send information?
1.- Sign into the Taxpayer Inbox (“Buzón Tributario”)
2.- Click on Electronic Accounting (“Contabilidad Electrónica”)
3.- Select the kind of information and file to be sent, together with the relevant general information.
4.- Send using electronic signature.
Note: * If you complete the filing successfully, you will receive a confirmation email. If not, or if there are code errors in the files, you will receive an alert in your Taxpayer Inbox, notifying you to make necessary corrections and complete a new filing within the next three business days.
9. Electronic Accounting
How to prepare information for filing?
Create XML files with the details from electronic accounting documents in accordance with what is set out in Rule I.2.8.6 Appendix 24 of the Second resolution on modifications to the Fiscal Matters Resolution 2014. Compress each file using Zip format.
10. Electronic Accounting
Contents of Files
• RFC (Taxpayer ID code: 12 digits for corporations and 13 digits for individuals)
• Year (Year corresponding to the information)
• Month (Month corresponding to the information)
• Identifier (CT= CHART OF ACCOUNTS, PL= JOURNAL ENTRIES, BN=NORMAL TRIAL BALANCE, BC= COMPLEMENTARY TRIAL BALANCE)
• XML conversion(.xml)
• Compression (zip)
11. Electronic Accounting
What are the penalties for non-compliance?
Article 84 of the Federal Tax Code (“CFF”) establishes a fine of between 1,200 and 11,960 MXN for taxpayers who fail to file electronic accounting.
The penalty will be between 260 and 5,980 MXN for those who do not keep a special book or registry of income and expenses as required by Law, and also for those who do their accounting in a different way or in different places to those established by the CFF.
For taxpayers whose accounting entries do not correspond to operations carried out, or are incomplete, inaccurate or submitted after the deadline, a fine of between 260 and 4,790 MXN will be applied.
The fine for not keeping Accounting records available to the authorities for the established amount of time will be between 730 and 9,560 MXN.
12. Electronic Accounting
Challenges for Companies
Lack of resources to drive the implementation of this new regulation on time.
Lack of alignment between own trial balance and the Grouping Catalog prescribed by the SAT.
Tax accounting inconsistent with the level of detail required by the Grouping Catalog prescribed by the SAT.
Current Accounting System does not offer the functionality to issue XML files for Chart of Accounts, Trial Balance and Journal Entries in an automated fashion.
Journal entries do not contain the level of detail required by the SAT.
Lack of training to current Accounting Staff to ensure proper compliance with this new regulation.
13. Electronic Accounting
Suggested Compliance Methodology
ASSESSMENT
IMPLEMENTATION
TESTING
GO LIVE
Understanding of current environment: Systems, Accounting practices, Taxes
Identification of gaps versus rules prescribed by the SAT.
Detailed implementation plan
Make required changes to close gaps versus rules prescribed by the SAT:
Chart of Accounts
Trial Balance
Journal entries
XLM files
Perform tests of XLM reports as required to be submitted by the SAT regulations.
Ensure data is accurate, complete, and consistent.
If possible, automate this process.
Be ready for first reports to be filed in January 2015.
TRANING PROGRAM
14. Our service portfolio
Interim Finance Positions
Independent Assessment of your Financial Function
Special Audits (Compliance, Fraud, Performance, Due Diligence)
Project Financing
Business Representation in Mexico
Trusted Advisors to CEOs and CFOs
Specialists in Mexico and Latin America
15. Contact Information
Tel. Office: + 52 (55) 5339 5839 Mobile: + 52 (155) 5453 6309 E-mail: armando@nuricumbo.com Skype: nuricua
Social media: Twitter (@A_Nuricumbo) Facebook and Linkedin (armando.nuricumbo)