ArticleCEOs See Need For Urgent Tax ReformWe have just launched the result of a new survey in a paper, ‘Tax strategy and corporate reputation: Balancing trust and growth’.NigeriaTaxPwC Nigeria
ArticleFIRS Issues Guidelines On Mutual Agreement Procedure (MAP)The Federal Inland Revenue Service (FIRS) has issued Guidelines on accessing Mutual Agreement Procedure in Nigeria.NigeriaTaxPwC Nigeria
ArticlePennsylvania Supreme Court Restricts Use Of "In Pari Delicto" Defense By Outside AuditorsOn February 16, 2010, the Pennsylvania Supreme Court issued an opinion of first impression under Pennsylvania law as to whether an imputation-based "in pari delicto" defense in an auditor-liability context may be asserted. United StatesInsolvency/Bankruptcy/Re-StructuringCozen O'Connor
ArticleAll Or Nothing – Australian Court Rules Partial Disclosure Of Private Report Waives PrivilegeThe Federal Court decided TerraCom lost privilege over a PwC probe by telling shareholders the investigation absolved executives...AustraliaCorporate/Commercial LawHerbert Smith Freehills Kramer LLP
Article2015 PwC/Property Council Retirement Census released - 31 August 2015This annual Census is the first of its kind to collect data from the entire retirement living industry across Australia.AustraliaReal Estate and ConstructionHopgoodGanim
ArticleWill IASB And FASB Impairment Models Be Converged?The IASB And FASB Impairment Models For Financial Assets Could Differ If The FASB's Plans To Find An Alternative To The "Three Bucket" Approach Are Successful.CanadaAccounting and AuditPwC Management Services LP
ArticleAmendment To The Central Agency For Equal Distribution Of Burdens (Creation, Objects, Responsibilities, And Other Related Matters) Law Of 1989 (As Amended)On 11 February 2021 the Cyprus Parliament voted to amend certain provisions relating to the Central Agency for Equal Distribution of Burdens (Creation, Objects, Responsibilities, and Other...CyprusFinance and BankingPwC Cyprus
ArticleCyprus And The UK Sign New Double Tax TreatyCyprus and the United Kingdom of Great Britain and Northern Ireland signed today a new double tax treaty and accompanying Protocol.CyprusTaxPwC Cyprus
ArticleEU List Of Third Country Noncooperative Jurisdictions In Tax Matters – Updated May 2019The updated EU ‘blacklist' and EU ‘greylist' will be effective as from their date of publication in the Official Journal of the European Union. CyprusTaxPwC Cyprus
ArticleTax Law Amendment Regarding Debt RestructuringsThe amendments became effective as from the date of their publication. CyprusTaxPwC Cyprus
ArticleThe Cyprus Parliament Voted To Extend The Application Of The Debt Restructuring Provisions To 31 December 2021On 3 December 2020 the Cyprus Parliament voted for the extension of relevant tax provisions of the Cyprus tax legislation with respect to the debt restructurings.CyprusTaxPwC Cyprus
ArticleEC Proposes Postponement Of VAT E-Commerce Rules And DAC2/DAC6 Deadlines Due To COVID-19The EC issued a Press Release on 8 May 2020, to announce its decision to propose the postponement of two EU taxation measures to take account of the difficulties that businesses and EU Member States are facing at the moment ...European UnionTaxPwC Cyprus
ArticleECOFIN Council Publishes EU List Of Third Country Non-Cooperative Jurisdictions In Tax MattersOn 5 December 2017, the ECOFIN Council published its conclusions on the EU common list of (third country) non-cooperative jurisdictions in tax matters, also referred to as the ‘blacklist'. European UnionTaxPwC Cyprus
ArticleGlobal FS Tax Newsflash: Green Light For EU FTT Under Enhanced CooperationOn October 9, 2012, European Union (EU) Tax Commissioner, Algirdas Semeta, informed the EU-27 Finance Ministers that 11 Member States support the introduction of a common "EUwide" financial transactions tax (FTT) in their countries via enhanced cooperation. European UnionTaxPwC Management Services LP
ArticleGreenwashing: Climate Promises Must Be Backed Up By Corporate PracticeA Paris civil court has drawn a clear line on the limits of environmental marketing by large energy companies.FranceEnvironmentPwC Legal Germany
ArticleCEO Confidence In Revenue Outlook Hits Five‑year Low Globally; Malta CEOs Remain Upbeat Amid Steady Fiscal OutlookPwC's 2026 Global CEO Survey reveals that only 30% of CEOs worldwide are confident about revenue growth in the next 12 months, the lowest in five years. MaltaFinance and BankingFinance Malta
ArticleCentral Bank Of Nigeria Introduces Electronic Certificates Of Capital Importation (e-CCI)A certificate of capital importation ("CCI") is a certificate issued by a Nigerian bank confirming an inflow of foreign capital either in the form of cash (loan or equity) or goods. NigeriaFinance and BankingPwC Nigeria
ArticleAnalyses Of Nigeria's 2016 Budget And Medium Term Expenditure FrameworkOn Tuesday 22 December 2015, President Muhammadu Buhari presented the 2016 Budget to the National Assembly.NigeriaGovernment, Public SectorPwC Nigeria
ArticleImpact Of Import Tariff Reduction On The EconomyThe Federal Government of Nigeria recently approved the 2016 Fiscal Policy Measures which allow the implementation of the Supplementary Protection Measures and the ECOWAS CET 2015-2019.NigeriaGovernment, Public SectorPwC Nigeria
ArticleWhat About The 2015 Budget?2015 is set to be a challenging year for government at all levels… but the good news is that the most impactful changes do not require money – what they require is common sense and a political will. NigeriaGovernment, Public SectorPwC Nigeria