Cyprus History

The Republic of Cyprus was established in 1960 after the former colony gained independence from Britain. Since 1974, however, a de facto division of the island has existed, with the Cyprus government controlling 63% of the territory in the South, and the pseudo state, formed by the Turkish Cypriots and backed by Turkish Army Units,…

Intuit to Acquire Mailchimp

Combination Accelerates Intuit’s Vision to Provide an End-to-End Customer Growth Platform for Small and Mid-Market Businesses MOUNTAIN VIEW, Calif.–(BUSINESS WIRE)– Intuit (Nasdaq: INTU), the global technology platform that makes TurboTax, QuickBooks, Mint, and Credit Karma, today announced that it has agreed to acquire Mailchimp, a world-class, global customer engagement and marketing platform for growing small and mid-market businesses. The…

Technology Trends 2021,towards the 6G era

Five network trends Networks Innovation Research #CTOTechTrends2021 #ImaginePossible The pivotal role that the digital infrastructure plays in delivering critical societal, economic and governmental functions has become clearer than ever before as a result of the COVID-19 pandemic. There is now a high level of awareness in both business and society that availability, reliability, affordability and sustainability are all…

Singapore Company Audit Guide

In Singapore, every registered company is required to file financial statements and have their statements and accounting records officially audited every year, unless they are exempt from audit. Companies who need to comply with auditing standards must use a public accountant registered with the Accounting and Corporate Regulatory Authority (ACRA) in order for the audits…

G20 ministers endorse ‘historic’ global deal to tax multinationals

G20 finance ministers on Saturday gave their backing to a “historic” global deal to tax multinational companies more fairly and urged hold-out countries to sign up. A framework for international tax reform, including a minimum corporate rate of 15%, was agreed this month by 131 countries. But the endorsement by the 19 biggest economies plus the European Union will help ensure it becomes a reality following years…

The importance of Corporate Economic Substance

The issue of corporate economic substance is high on the agenda of tax authorities globally, following recent developments to improve fairness and cooperation in international tax. Following requests from the EU’s Code of Conduct Group (Business Taxation), the ‘Crown dependencies’ have agreed to introduce legislation that will require resident companies carrying on certain specified activities…