Brad Allen provides an overview of the new rules, as well as examples of applications of the new rules.
Canadian Tax Considerations for Directors
amie Nguyen discusses taxation of director’s fees, taxable benefits, corporate tax obligations and liability, and personal service business rules.
Issue 20
Publications of IFRS rules by the IASB
- Clarification of Acceptable Methods of Depreciation and Amortization (Amendments to IAS 16 and IAS 38)
- Amendments concerning Acquisitions of Interests in Joint Operations (IFRS 11)
- New standard for accounting for Regulatory Deferral Accounts (IFRS 14)
- Exposure Draft on the Presentation of the Financial Statements (IAS 1)
- IASB publishes discussion paper on macro hedging
- Determining the effective date for IFRS 9
- Consultation procedure as part of the post-implementation review of IFRS 3
Adoption of IFRS standards by the EU
- Standards adopted
- Update of standards not yet adopted
Ask Bahar – Deferred Exploration Costs
In the season finale of Ask Bahar, Bahar Saadat and Erez Bahar discuss deferred exploration costs and their application under IFRS.
Ask Bahar – Convertible Debentures
Science meets accounting in this episode as Bahar Saadat and Erez Bahar show how bifurcation and accretion relate to convertible debt.
Issue 19
Publications of IFRS Rules by the IASB
- Annual Improvements to IFRSs 2010-2012 Cycle
- Annual Improvements to IFRSs 2011-2013 Cycle
- Exposure Draft on the Annual Improvements to IFRSs 2012-2014 Cycle
- Standards amendment on hedge accounting (IFRS 9)
- Standards amendment on accounting for Employee Benefits (IAS 19)
- Exposure Draft on Permission to use the Equity Method in Separate Financial Statements (IAS 27)
- Consultation procedure as part of the post-implementation review of IFRS 3
Adoption of IFRS standards by the EU
- Standards adopted
- Update of standards not yet adopted
Ask Bahar – Stock-Based Compensation
In the 2nd episode of Ask Bahar, Fischer Black and Myron Scholes join Bahar Saadat and Erez Bahar’s discussion on Stock-Based Compensation.
Issue 105
- Australia Transfer Pricing Update
- India Deputation of employees could result in permanent establishment (PE) and tax implications in India
- Malaysia Deemed interest income from loans or advances to director
- Malta Introduction of the permanent establishment/branch exemption in Malta
- Puerto Rico A new aggressive economic and tax incentives programme
- Spain Expert committee for tax reform report
Issue 104
- Brazil Brazil ends transitional tax regime and changes corporate tax rules
- China China’s transfer pricing landscape gaining ground
- Germany Tax policy of the new German government
- Germany German Federal Financial Court rules on compatibility of transfer pricing documentation requirements with EU law
- Malaysia Malaysian Goods and Service Tax
- Netherlands New substance requirements
- Poland Limited joint-stock partnerships (LJSPs) are now subject to corporate income tax
- Singapore Voluntary disclosure programme: to disclose or not to disclose?
- Spain New resident visa and resident permit for foreign investors
- UK Transfer pricing ‘loophole’ for individuals closed by HMRC