Kreston Global’s Post

Save the date! We are delighted to announce that we will be hosting the 38th Annual Asia Pacific Tax Conference on 20-21 November 2024 in Singapore. Dive into the latest regulations, hot topics and trends in the tax world. Don't miss this opportunity to stay ahead of the curve and connect with peers in the tax landscape. More details coming soon – mark your calendars now! #taxfromeveryangle

Save the date! We are delighted to announce that we will be hosting the 38th Annual Asia Pacific Tax Conference on 20-21 November 2024 in Singapore. Dive into the latest regulations, hot topics and trends in the tax world. Don't miss this opportunity to stay ahead of the curve and connect with peers in the tax landscape. More details coming soon – mark your calendars now! #taxfromeveryangle

Save the date! We are delighted to announce that we will be hosting the 38th Annual Asia Pacific Tax Conference on 20-21 November 2024 in Singapore. Dive into the latest regulations, hot topics and trends in the tax world. Don't miss this opportunity to stay ahead of the curve and connect with peers in the tax landscape. More details coming soon – mark your calendars now! #taxfromeveryangle

Save the date! We are delighted to announce that we will be hosting the 38th Annual Asia Pacific Tax Conference on 20-21 November 2024 in Singapore. Dive into the latest regulations, hot topics and trends in the tax world. Don't miss this opportunity to stay ahead of the curve and connect with peers in the tax landscape. More details coming soon – mark your calendars now! #taxfromeveryangle

Save the date! We are delighted to announce that we will be hosting the 38th Annual Asia Pacific Tax Conference on 20-21 November 2024 in Singapore. Dive into the latest regulations, hot topics and trends in the tax world. Don't miss this opportunity to stay ahead of the curve and connect with peers in the tax landscape. More details coming soon – mark your calendars now! #taxfromeveryangle

An exclusive conversation featuring Pascal Saint-Amans, the former Director of the Centre for Tax Policy and Administration at the OECD Tax, Wim Wuyts, CEO of WTS Global, and Janis Taukacs, Partner at Sorainen is available! The interview is a dive into the nuances of current and emerging global tax policies, spotlighting both the challenges and the prospects that define the future of taxation. 👇 Locally rooted - Globally connected #wtsglobal #wtsra #taxation #internationaltax #taxtrends

1. Incredibly captivating from start to finish! 🌟 2. The energy, the insights, and the sheer relevance - it's a must-watch for all. 💡 3. An enriching experience that will broaden your perspective! 🚀

Wim Wuyts and Janis Taukacs from WTS Global had a really interesting interview. 🎙 👇 #wtsglobal #wts #tax, #taxation #globaltaxation #futureoftaxation

Join us for a compelling conversation featuring Pascal Saint-Amans, the former Director of the Centre for Tax Policy and Administration at the OECD Tax; Wim Wuyts, CEO of WTS Global; and Janis Taukacs Partner at Sorainen, part of WTS Global in Latvia. Video: https://lnkd.in/dU_RcyMA #TaxStories podcast audio (here and on any podcasting platform): https://lnkd.in/dR8Qdp34 In the interview we discussed: His book on offshores - Paradis Fiscaux (just in French so far); - Pascal offers there to have a look in the kitchen of the largest tax decisions globally - US tax reform, both Pillars, etc. His new role at Brunswick Group to help companies to present their financial statements and tax reporting in a reader friendly language; - for more than 10 years there is a public attention to taxation of large companies; - companies now must not only pay more attention to taxation, but pay attention to explaining it to a larger public; - tax people know the law, but public just considers fairness - so, there is a gap that need to be bridged. Success of development of Singapore; - the ease of doing business in Singapore has been impressive; - the low taxation system has been only a part of the story; AI and taxing data; - there was a debate that extracting data is the new gold, like people used to extract minerals, and we should tax that new gold; - actually the value is in processing the data, and still have no magic recipe how to tax that; - Pillar 1 is the most likely solution with taxing consumption markets - as the market of the final customers is something companies cannot shift; - Pillar 1 vs digital services tax (or significant economic presence); - AI will replace the lower value jobs; ESG - the US vs. Europe; - Currently about 60% of carbon emissions are not priced at all; - Taxation of carbon is regressive, so it is politically very difficult to implement; - But CBAM and other initiatives sets Europe as an example for the others; - US with subsidies will hurt the rest of the world as many move to the US; - Pascal also explained why there is no global solution on this - countries are not ready, although it’s an important issue; there is an emergency, but it’s not addressed like that, but it will come. A look into the future, 5-10 years from now on; - PIT, VAT and tax collection might be 3 big issues for OECD to resolve; - With Pillar 1 & 2 tax administrations will get more information and money and will be able to relax and be more friendly to businesses; - There are unprecedented inequality in the world; taxes will try to make it right, mainly with taxes on capital - inheritance taxes (not wealth tax) and on capital income - dividends and capital gains.. Full highlights - in my blog here: https://lnkd.in/dmqCECxB

Save the date! We are delighted to announce that we will be hosting the 38th Annual Asia Pacific Tax Conference on 20-21 November 2024 in Singapore. Dive into the latest regulations, hot topics and trends in the tax world. Don't miss this opportunity to stay ahead of the curve and connect with peers in the tax landscape. More details coming soon – mark your calendars now! #taxfromeveryangle