Australia: Did you know that you may be eligible for cash refunds for expenditure on R&D activities?

Did you know you may be eligible for Cash refunds for expenditure on R&D activities?

R&D is not just for the big end of town. Whether ‘tinkering’ in the shed, redesigning machines, chasing efficiency, function or developing a product your business you may be entitled to cash refunds via your tax return. If there is new knowledge involved you may be eligible. For example, an entity with $20,000 eligible R&D spend “might” get a cash […]

By |December 25th, 2014|

What Is Fiscal Transparency For The Brazilian Internal Revenue Service?

On December 19, 2014, the Secretary of the Brazilian Federal Revenue Office (Receita Federal do Brasil – RFB) issued RFB Normative Instruction [Instrução Normativa] No. 1530 (RFB IN 1530/2014), which defines the meaning of international standards of fiscal transparency for the purpose of article 1 of Ordinance [Portaria] No. 488, of November 18, 2014 (MF Ordinance 488/2014), issued by the Minister of Finance, and also contemplates the procedure for requesting the review of framework […]

By |December 24th, 2014|

FATCA In Cayman: Deadline Approaches

The deadline for compliance with both US FATCA and UK FATCA fast approaches.

Cayman entities which are classified as Financial Institutions are within the scope of FATCA. A typical Cayman fund will fall within the definition of a Financial Institution, however there are many other Cayman entities and structures which may be caught by the FATCA definition which is wider than the normal meaning of the expression.

All Cayman entities should consider their classification for FATCA […]

By |December 24th, 2014|