Contributed by: KNM Management Advisory
The term ‘due diligence’ alludes to a sensible investigation of the points of interest and issues related to going into an agreement or arrangement for a merger or acquisition that must be completed by the gatherings to such agreement or understanding. This may either be interpreted as a legitimate commitment or a deliberate endeavor.
Inside this issue, Mandy Liu at AGN Member Firm Acclime in China provides insight into Individual Income Tax (IIT). Vimala Devi at AGN Member Firm BSL in Singapore provides insight into new legislations, effective as of 1 Jan 2024, relating to the gains from the sale or disposal of a foreign asset.
A summary of each article follows. Download the publication for a comprehensive read.
AGN Global Business Voice: Practice Management
Between April and September 2023, the AGN EMEA IT Committee surveyed members across the world through the ‘Digital Maturity Survey’. The purpose of the research is to support members by revealing common issues, key challenges and members progress on their journey to digital transformation. The survey also provides valuable benchmarking information allowing members to assess their relative position helping to inform their own strategy.
News from the AGN EMEA Accounting, Auditing & Education Committee (AAEC)
ESRS G1 Business Conduct emphasizes ethical behavior, integrity, and compliance with laws and regulations in all business interactions and operations. But, how important is ESRS G1 Business Conduct in relation to other European Sustainability Reporting Standards (ESRS)?
Contributed by: BKL.
We’re pleased to announce that commercial finance consultants CFPro Ltd have merged with BKL. CFPro specialises in strategic support for high-growth businesses, helping them to strengthen their financial operations and realise their ambitions.
Permanent Establishment and Fixed Business Facility for Service Providers in Germany: A foreign company operating in Germany must be assessed from a tax perspective to decide whether the establishment is a ‘permanent establishment’ or not. The existence of a permanent establishment has various consequences, especially Germany’s right to tax the income attributable to the permanent establishment in Germany.
Contributed by: BKL.
Simon Bussell, our Marketing and Business Development Director, sat down with Myfanwy Neville, Partner and Head of ESG (Environmental, Social and Governance), to talk about BKL’s ESG journey – including becoming a certified B Corporation in 2022 – and how we’re supporting owner-managed companies to become better businesses.
News from the AGN EMEA Accounting, Auditing & Education Committee (AAEC)
For the second year in a row, AGN Firm James Moore in Gainesville, FL, has been named a Best CPA Firm for Women by the Accounting MOVE Project. The organization also named the firm to its list of Top Firms for Equity Leadership for the fifth straight year.
PRESS RELEASE: 9 November, 2023 – The AGN 2023 World Congress, held from November 5th to 7th, 2023, in Tokyo, Japan, brought together over 100 members.
Tokyo, renowned for its unique culture, cutting-edge technology, and innovation, provided the perfect backdrop for the event theme – “Culture: the values and changes in business and life.”
