The EU Commission has adopted a decision that Amazon’s tax benefits in Luxembourg are illegal under EU State aid rules. A tax ruling granted by Luxembourg has reduced Amazon’s tax bill for more than eight years.
Category: News
Modern accounting reports in Power BI
Do you mind that your reports are confusing, their preparation is too complicated and that they are difficult to use? We have a solution for your problems. We can create for you a system customized to your needs which will significantly improve your capabilities when…
Were the impacts of the VAT recapitulative statement in the Czech Republic positive?
The Czech government has presented the VAT recapitulative statement as a very powerful tool to limit tax avoidance. After one year of this measure coming into force, its impact is very questionable at best.
Blockchain and accounting
If you think the blockchain is something that is related to the cryptocurrency Bitcoin, you are not far from the truth. But it is not only related to Bitcoin, it is a technology that can completely change the way accounting systems work.
What does the term modern accounting mean to us?
Accounting is the most important instrument for measuring the performance of companies and it will remain that way in the future. Despite that, we often see accounting systems that contain a number of weaknesses that severely limit benefits that they can bring. In Grinex, we…