Knowledge Base

Politics and Congressional Activity

Congressional Agenda/Schedule for 2018

The Bipartisan Budget Act of 2018 (“Budget Act”), which was approved by Congress and signed into law by the President in early February, is a two-year budget agreement that sets defense and non-defense spending...Read more >

Politics and Congressional Activity

Congressional Agenda/Schedule for 2018

Following an eventful December that saw enactment of major tax legislation, Congress returned in January to face a full agenda of issues that must be addressed in 2018 but which will certainly be affected by the...Read more >

Now that the Tax Cuts and Jobs Act is in full swing and with companies scrambling to address the changes in their financial statements, it’s important not to forget about the impacts on your tax process and internal controls. Auditors will be looking closely at how these last-minute changes are...Read more >

On January 10, 2018, FASB held a board meeting in which they permitted the utilization of Staff Accounting Bulletin No. 118 (SAB 118) issued by the SEC on December 22, 2017. SAB 118 allows for both public and now non-public companies who may or may not have the necessary information available,...Read more >

Happy New Year!


Congressional Agenda/Schedule for 2018

Congress returns in January to face several challenging issues with pressing deadlines, including funding the federal government for the rest of FY 2018, raising the debt limit, extensions...Read more >

EU Member states lost €152 billion in Value Added Tax (VAT) revenues in 2015, according to a new study by the European Commission .

This is the main reason why the EC has published a...Read more >

The Spanish Tax Authorities ( binding tax ruling V4968-16 ) are considering the indirect ownership by a non-resident individual of the...Read more >

The European Court of Justice (ECJ) decided September 7 the case Eqiom , concluding that the French tax authorities cannot automatically refuse to exempt dividends distributed by a French resident company to its Luxembourg parent...Read more >

In the binding tax ruling V1361-16 the Spanish Tax Authorities analyse the situation of a non-resident entity which operates in...Read more >

The Country by Country (CbC) report to be electronically filed before the Spanish Tax Authorities by Spanish groups with a worldwide turnover higher than 750 million € was approved at the end of last year. The information requested by the...Read more >