The AGN Taxpresso is a quarterly publication designed to give you a better understanding of the Asia Pacific (AP) region.
Cross-border inheritances and gifts are on the rise due to the changes in life and work – what should you know?
We would like to draw your attention to cases in which the persons involved are residents in different countries, or the subject of the transfer are assets like real estate, cash assets or shares not held in the country of residence.
News from the AGN EMEA Accounting, Auditing & Education Committee (AAEC):
On 29th April 2022, the European Financial Reporting Advisory Group (EFRG) launched the public consultation process to draft the ‘first set’ of EU Sustainability Reporting Standards (ESRS).
The Corporate Sustainability Reporting Directive (CRD) draft was submitted before the deadline of 8th August 2022 and included the application for the future ESRS.
A summary of the most relevant taxes in Europe, the Middle East & Africa.
Contributed by: CT&P.
The Great Resignation – the ever-growing exodus of people who decided, since 2021, to quit their job. This has led to the current staff shortage, affecting the global economy across all industries.
It’s been a little over a year since Anthony Klotz, a psychologist and Professor of Business Administration at Texas A&M University, coined a phrase destined to become famous when he stated that “the great resignation is coming”. Worldwide data indicates that his prediction was correct.
Forty-five years ago this month, four public accounting firms based in the U.S. decided to get together with the plan to form a collaboration and placed an ad in the September 1977 Journal of Accountancy seeking like-minded firms. This action was the first public announcement and beginning of “The Continental Association of CPA Firms” (CACPA) – the organization you now know as AGN. In the coming year, we will be celebrating this achievement with you. Keep an eye out for more details!
AGN Global Business Voice: International Business Issues.
What are the practical implications of the metaverse for business owners? In part one, we looked at the metaverse concept as famously espoused by Mark Zuckerberg in 2021. The metaverse appears to hinge on integrating a range of existing technologies, such as virtual reality and blockchain. Still, it also requires the development of ‘web 3.0’ (web three-point-zero) – technology that could be five to 10 years away.
News from the AGN EMEA Accounting, Auditing & Education Committee (AAEC):
The EU Taxonomy Regulation serves to achieve the EU’s climate and environmental sustainability goals. The following six environmental goals determine the classification of environmentally sustainable economic activities:
Contributed by: Clark Schaefer Hackett.
Data visualization is vital for financial and business leaders. According to recent studies, organizations with real-time data visualization can quickly obtain critical information 78% of the time. That’s 22% more often than organizations without it.
Strong data visualization capabilities make companies twice as likely to use data when making decisions, three times more likely to execute decisions, and five times more likely to make decisions faster than peers.
Countries Comparison.
