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Member Articles


Update on 2020 Income Tax Filings and COVID-19 Relief Programs

With a little less than three weeks left until the personal tax filing deadline, this is a good time to update our clients and colleagues on the status of tax filing and payment deadlines for the 2020 tax year. Unlike l ...

Administrative Ruling That Readjusts Tax Unit to BS. 20,000.00

Administrative Ruling No. SNAT/2021/000023, issued by the Superintendent of the National Integrated Service of Customs and Tax Administration (Servicio Nacional Integrado de Administración Aduanera y Tributaria - “SEN ...

[Video] Finance Bill 2021: Notable Points for Businesses

On 11 March, the Finance Bill 2021 was published, ensuring a number of tax changes set out by the Chancellor in the Budget 2021 earlier will take effect from the start of the next tax year beginning in April 2021. In th ...

Blockchain Bites: AU Issues $3M Grants to Prove Blockchain Potential; Agony of ACX Exchange Users Continues; Non-Fungible Tokens Take Flight

Australian government announces $3M grants to demonstrate blockchain potential The Australian government has released two grants of up to three million dollars to “develop measures that demonstrate the potential for ...

Tax-Free Allowance for Fixed Travel Expenses Extended

The coronavirus measure that employers can give their employees a tax-free allowance for fixed travel expenses will be extended until July 1, 2021. This regulation was initially valid until April 1 of this year. Many em ...

Where Did the Deferred Revenue Go in Your Acquisition?

Author: Beth Reho Acquiring a business means going through the process of revaluing the acquired assets and liabilities at the acquisition date fair value. And if you acquired deferred revenue as part of the acquisition ...

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