LLPs are legally business organizations which exist as a distinct and different entity from their members.  The responsibility of a member to the LLP’s dues or obligations is generally limited to the amount of money they have invested in the LLP. 

Country-by-Country (CbCR) reporting is part of Action 13: Transfer Pricing Documentation and Country-by-Country Reporting of the Base Erosion and Profit Shifting (BEPS) initiative by the OECD.

Is your company dormant and wondering if you’re bound to filing tax returns? This guide explains the dormant

FRS 105 is a single accounting standard for use by businesses that are entitled for, and follow the accounting rules applicable to micro-entities.

The introduction of FRS 102 had a major impact on the financial statements of an entity that had been preparing accounts under UK GAAP and has since adoption, lead to accounting changes for most companies in UK and the Republic of Ireland.

In thе раѕt years, the glоbаl rеgulаtоrу environment has bесоmе increasingly demanding fоr multіnаtіоnаl еntеrрrіѕеѕ (MNEѕ). In an attempt tо сrеаtе grеаtеr trаnѕраrеnсу, mаnу tаx аuthоrіtіеѕ nоw require MNEѕ tо rероrt more dеtаіlеd іnfоrmаtіоn wіth rеѕресt tо іnсоmе tаxеѕ раіd.