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Did you miss our insightful YouTube live event, "A Life in Tax"? No worries! You can now catch the recording featuring Olatunji Abdulrazaq Olatunji ABDULRAZAQ , founder of Taxmobile.Online, and Prof Abiola Sanni Abiola Sanni, a seasoned tax professional. Gain valuable lessons, experiences, and tips for achieving excellence and growth in your tax career. Watch it now: https://lnkd.in/dnyNvyPi #TaxEducation #ProfessionalGrowth #TaxCareerExcellence 📊📚

Join us at the #ICPAUPFM2024 Conference as we welcome CPA Sarah Chelangat Muzungyo for a topical discussion on Managing Taxes in Public Sector Entities. Register now to secure your spot and gain valuable insights from industry experts: https://bit.ly/ICPAUPFM24 #WeCreateImpact

'ITAT Strikes Down Notice under S. 148 of the IT Act for Lack of Prima Facie Satisfaction' Authored by our associate Mr. Shivam Mishra, the recent ruling in the case of AEP Investments (Mauritius) Ltd. v. The ACIT, the Income Tax Appellate Tribunal addressed the challenge to the reopening of assessments under s. 148 of the IT Act. The Tribunal underscored the necessity for substantial evidence for a prima facie belief by the Assessing Officer to justify reassessment. The decision reinforces the balance between procedural and substantive requirements, emphasizing that reassessment should be based on credible evidence rather than assumptions. This ruling is crucial for tax administration and compliance frameworks. For a detailed analysis, please read the full article here: https://lnkd.in/gsyPzsCM #MetalegalAdvocates #MetalegalCourtRuling #IncomeTaxAppellateTribunal #ITAT #TaxLaw #Reassessment #PrimaFacieEvidence #TaxCompliance #LegalUpdate

The Tax Office will only make a ruling on the eligibility of activities under the research and development tax incentive in “exceptional cases” and will aim to still consult with AusIndustry, after a ruling raised questions about its reach. Australian Taxation Office Department of Industry, Science and Resources #tax #research #development #RDTI #innovation #investment #incentive #technology #industry #commercialisation #translation

With recent updates to the excessive interest and financing expense limitation (#EIFEL) rules—including proposed exceptions and the introduction of Schedule 130—taxpayers may face added complexities that require careful judgement. In part four of our series on navigating EIFEL rules, Our BDO Tax team provides an overview of the latest changes and guidance, as well as next steps to help with managing the impact. #Tax #TaxCompliance #EIFELRules

American abroad, accidental American? Are you fed up enough with the way the U.S. government treats Americans abroad that you'd help us do something about it? Join us on Sep. 13 at 12:30 p.m. Central European Time for an update on where we stand and volunteer to help convince Congress that residence-based taxation is the only solution. #expats #USabroad #taxation #fatca #fbar #taxfairnessnow Register here: https://lnkd.in/dmB5R3KG

With recent updates to the excessive interest and financing expense limitation (#EIFEL) rules—including proposed exceptions and the introduction of Schedule 130—taxpayers may face added complexities that require careful judgement. In part four of our series on navigating EIFEL rules, Our BDO Tax team provides an overview of the latest changes and guidance, as well as next steps to help with managing the impact. #Tax #TaxCompliance #EIFELRules

💡 Read our latest Tax Briefing by FOTODOTIS MALAMAS which covers recent developments in tax legislation, including: 👉 Decision A. 1083/2024 Amending Decision POL.1137/2017 on the Reportable and Participating Jurisdictions Under the Multilateral Competent Authority Agreement on Automatic Exchange of Financial Account Information and the Participating Jurisdictions for the Application of the Common Reporting Standard. #BernitsasLaw #Taxlaw

The IPA-Deakin SME Research Centre has examined the shortcomings of the ATO’s governance model and proposed a tax system advisory board to drive positive transformation. Here’s what that would look like. https://lnkd.in/gwjSMjiB

Managing Tax Incentives in Developing Countries 📚 By Miguel Pecho, Stoyan Markov, Philip Wood, Rachel Auclair, and Fernando Velayos. This technical note dives into the complexities of managing tax incentives in emerging economies, addressing: The key compliance risks ⚠️ Strategies to manage these risks effectively 🔍 Why basic compliance obligations must always be maintained for incentive recipients ✅ Essential governance & transparency conditions for success 📊 A must-read for professionals in tax policy, governance, or economic development 🌍. Highly recommended for anyone interested in shaping effective tax systems! #tax_policy #tax_incentive