A Milestone Discussion at G20: Global Minimum Tax for Billionaires

A Milestone Discussion at G20: Global Minimum Tax for Billionaires In a historic move, the G20, comprising the world’s most influential nations, is set to deliberate on a groundbreaking proposal — a global minimum tax on billionaires. Leaders gathered to address the challenges posed by hypermobile super-rich individuals who have been paying less in taxes […]

EU Update: Removal several countries from Tax Non-Cooperative List

EU Update: Removal several countries from Tax Non-Cooperative List The Council of the European Union has decided to remove the Bahamas, Belize, Seychelles, and Turks and Caicos Islands from the list of non-cooperative jurisdictions for tax purposes. This decision follows the EU’s commitment to fostering tax good governance globally. Updated EU List of Non-Cooperative Jurisdictions […]

The British Virgin Islands: the most (letterbox) companies

British Virgin Islands Have the Highest Density of Companies Worldwide

British Virgin Islands Have the Highest Density of Companies Worldwide – Letterbox companies? British Virgin Islands Have the Highest Density of Companies Worldwide The British Virgin Islands boast sixteen companies per capita, securing its position as the global leader in this category. In contrast, the Netherlands aligns closely with the worldwide average, with 0.1 company […]

Navigating Pillar 2: Addressing Tax Challenges​

Pillar 2 - Global minimum tax

Navigating Pillar 2: Addressing Tax Challenges in a Global Economy Understanding the Pillar 2 Framework As the OECD advances its Pillar 2 legislation, set to establish a global minimum tax of 15% for multinational enterprises, the tax landscape is evolving. The aim is to curb tax competition and ensure fair contributions from large corporations. Yet, […]

Largest Investments in Europe go to Sustainable Startups

Sustainable Investments Startups

Largest Investments in Europe go to Sustainable Startups Sustainable Startups are hot! European startups innovating in climate infrastructure have garnered more attention from investors in 2023. The four largest investment rounds in 2023 were all in companies engaged in climate innovations. Climate infrastructure encompasses a broad range of techniques, from large-scale energy storage with batteries […]

The Rise of Cloud Accounting

Cloud Accounting

The Rise of Cloud Accounting: Revolutionizing Financial Management In the ever-evolving landscape of financial management, cloud accounting has emerged as a game-changer. This transformative shift has revolutionized bookkeeping, streamlined financial administration, and empowered businesses with real-time data insights. In this blog post, we explore the journey from traditional accounting to the cloud, unraveling the myriad […]

Venture capital investors are putting less money into startups

Investing in Startups

Venture capital investors are putting less money into startups The total amount venture capital investors poured into startups over the past year has reached its lowest level since 2019. There was still significant investment in emerging companies specializing in artificial intelligence over the past twelve months, but for the rest of the industry, it was […]

Evolving Financial Administration: Key Changes in 2023

Financial Administration

Evolving Financial Administration: Key Changes in 2023 The year 2023 brought sweeping transformations to financial administration and accountancy, reshaping business practices and obligations. Amidst these changes, let’s delve into the key shifts that shaped the financial landscape over the past year. Sustainability Reporting (CSRD) Within the realm of financial administration and accounting, the spotlight on […]

Challenges Mounting in Real Estate Sector

Real Estate Sector

Challenges Mounting in Real Estate Sector Increasing profits in construction and real estate face serious threats from mounting challenges. KPMG’s report on mergers and acquisitions in the Dutch construction and real estate sector shows increased bankruptcies in 2023 due to higher capital costs, rising construction expenses, and declining revenues. Last quarter, seven companies declared bankruptcy, […]

Most companies still unfamiliar with new CSRD rules

CSRD Rules

Most companies still unfamiliar with new CSRD rules Large listed companies are required to report on their sustainability performance starting in 2024. However, not all companies are yet familiar with the new European sustainability guideline, the Corporate Sustainability Reporting Directive (CSRD). Two out of three Dutch companies have never even heard of it, according to […]