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Law

Setting up Business in Romania
24.11.2017

Setting up Business in Romania

Accounting Rules Tax Year The fiscal year begins on 1 January and ends on 31 December, although taxpayers can opt for a fiscal year corresponding to a financial accounting year. Romanian subsidiaries of foreign companies,...
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Setting Up Business in Cyprus
15.11.2017

Setting Up Business in Cyprus

Accounting Rules Tax Year The tax year is the calendar year, from 1 January to 31 December. Accounting Standards Cypriot accounting practices used International Accounting Standards (IAS) for financial statements preparation. With the European Union membership,...
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Regulation and Tax-Gap Blues
8.11.2017

Regulation and Tax-Gap Blues

The Paradise Papers leak prompted yet more indignation about corporate tax avoidance, and cash-strapped governments claim to be tackling the issue. What will it mean for corporates? The financial crisis—with the subsequent austerity imposed on...
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