Press release
Ireland: Taxpayers to Submit Financial Statements in Inline eXtensible Business Reporting Language Format
Financial statement submission in iXBRL format is voluntary in the beginning, but will be made mandatory in due course for most of the companies. Companies dealt by the Large Cases Division (LCD) will be impacted in first mandatory phase.
Financial Statement Submission in iXBLR: Implications
• The new process would help in reducing turnaround time for matters like repayment claims.
• iXBRL filing would also help the Irish Revenue department for efficient assessments.
• It would also help in reducing audits and interventions for the most of compliant taxpayers.
For more information on this topic email media@nair-co.com
Get the latest press releases and updates on international tax, HR, Finance, compliance and other legal news at Nair & Co. Industry Alerts.
Nair & Co.
1250 Oakmead Parkway, Suite 210
Sunnyvale, CA 94085, U.S
+1 408.515.6887
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Ireland: Taxpayers to Submit Financial Statements in Inline eXtensible Business Reporting Language Format here
News-ID: 238463 • Views: 1077
More Releases from Nair & Co.
Luxembourg Implements New Tax Provisions
Luxembourg has implemented various measures with the aim of increasing revenue through taxation. Most of the provisions come into effect from January 1, 2013. The details of the important tax measures are summarized below:
For Corporate doing business in Luxembourg:
• The surcharge for employment fund has been hiked by two percentage points from 5% to 7%. This would result in an increase in the total tax for the City of Luxembourg, from…
Czech Republic Approves Austerity Measures and Amends VAT Laws
Details of the major VAT changes effective from January 1, 2013 are as follows:
• The standard VAT rate has been increased to 21% and the reduced VAT rate to 15%.
• The scope for VAT has been widened, making more customers liable to pay in future.
• The VAT exemption for insurance and re-insurance has been amended.
• The electronic format rules concerning tax documents have been changed.
• VAT returns will have to be filed electronically from 2014.
• Calendar…
Australia Strengthens Data Privacy Laws
Australia Amends Privacy Laws: Key changes
The current dual system of Information Privacy Principles and National Privacy Principles applicable to the public sector and private businesses respectively, will be replaced with the new unified Australian Privacy Principles (APPs).
Companies will be required to maintain an active privacy policy and also make sure it is complied-with on an ongoing basis.
Businesses may be required to disclose personal information of overseas recipients in certain cases,…
France Proposes Changes to Tax Laws for Stock Options
The proposed changes, if implemented, would be applicable to qualified stock options and free shares awarded on or after September 28, 2012. The awards made prior to this date, however, will stay under the existing tax system. Other proposed changes include the new 18 % rate of tax on income which will be applicable on income derived since January 1, 2012, and certain other changes like progressive taxation on capital…
More Releases for Financial
eAdvisor.app Financial Planning Software
-eAdvisor.app is offering financial planning services to financial advisors.
-Social Security planning, and Canada Pension Plan planning.
-Planning for multiple tax strategies and spending strategies to help client’s money last and make leaving a legacy possible.
-Planner focuses on clearly showing clients the effects of multiple scenarios and possibilities that could affect their financial state.
eAdvisor.app is a Financial Planning Software, focused on providing advisors with the ability to quickly and easily show clients…
What is financial planning?
Financial planning is the way toward building up an individual guide for your financial prosperity. The contributions to the financial planning measure are:
your funds, i.e., your pay, resources, and liabilities,
your objectives, i.e., your current and future financial necessities and
your hunger for hazard.
The yield of the financial planning measure is an individual financial arrangement that discloses to you how to utilize your cash to accomplish your objectives, remembering swelling, genuine returns,…
Forge a Pandemic-Proof Financial Strategy with Goldstone Financial Group
Saturday May 23, 2020
Oakbrook Terrace, IL: In the current unstable financial state that we all find ourselves in, many investors are worrying where and how best to devise a path out of the crisis & recession while remaining sure of their cash reserves.
At Goldstone Financial Group, headed up by co founder Mr Anthony Pellegrino, their advisers are helping many clients plan cast-iron strategies to future-proof their investments and…
Financial Forecasting Software Market
https://www.qandqmarketresearch.com/reports/financial-forecasting-software-market-55
This report focuses on the global Financial Forecasting Software status, future forecast, growth opportunity, key market and key players. The study objectives are to present the Financial Forecasting Software development in United States, Europe and China.
In 2017, the global Financial Forecasting Software market size was million US$ and it is expected to reach million US$ by the end of 2025, with a CAGR of during 20182025.
The key players covered in…
Alpha Financial Jobs Sees Upturn In Financial Sectors
Alpha Financial Jobs, the new international jobsite, announced today, that there had been a significant increase in the number of UK Recruiters in Accountancy and Finance that are now advertising their job vacancies on the site.
Ms Paula Reed - Managing Director of Alpha Financial Jobs said, ‘I’m delighted to see that over the last two months there has been a noticeable increase in the number of UK Recruiters using…
Financial Articles: Your Best Financial Aid
Financial Articles are difficult to write and difficult to find as well. Not many writers write on financial topics because writing them requires a lot of precision and factual information. You really have to be an expert to write financial articles. For a lay man, reading and understanding financial terms can be tough. Expert financial authors simplify this task and create articles on financial topics such as personal loans, debts,…
