Delays in New Wealth Tax Implementation
As different updates regarding new taxes implementation are going around in the Netherlands, today’s article aims to focus on the new wealth tax delays in implementation and the consequences of these delays. The introduction of a new system for taxing the return on...
Dutch Housing Crisis: how is the Cabinet coping?
The Dutch Housing Crisis is a topic that became known at an European level already. Today’s article aims to present the current situation, as well as a practical exemple of the city of Amsterdam. The Dutch government needs to significantly increase its annual...
Differences and similarities between IFRS and German GAAP
In general, the main difference between the accounting regulations of IFRS and German GAAP is that IFRS focusses on investor protection while German GAAP always sees the protection of creditors as their highest priority. The primary measurement basis under both...
Migration Limitations in The Netherlands
In light of the recent elections in the Netherlands and the measures of the new Dutch government, today’s article delves into udpates regarding measures to limit the migration on the Dutch teritorry. The Dutch government, under the leadership of Geert Wilders’...
IFRS 18 – Presentation and Disclosure in Financial Statements – Part 2
The third set of requirements introduced by the new IFRS 18 is detailed below: More useful grouping of information in the financial statements (aggregation and disaggregation) Investor analysis of companies’ performance is hampered if the information provided by...
VAT Case Law – Tax Update
Based on the recent discussions about tax updates due to VAT cases, today’s article focuses on changes and updates in the taxes. Application of VAT Exemption for the Management of Qualifying “Special Investment Funds” in Relation to Pension Funds On...
Duitslanddag 2024
Duitslanddag 2024 is right around the corner! Join us and German-Dutch Chamber of Commerce (DNHK) on the 10th of October to discover opportunities for Dutch companies on the German market. Global Connect Admin B.V. will share insights on the Tech Scene in...
IFRS 18 – Presentation and Disclosure in Financial Statements – Part 1
According to Andreas Barckow, IASB Chair: “IFRS 18 represents the most significant change to companies’ presentation of financial performance since IFRS Accounting Standards were introduced more than 20 years ago. It will give investors better information about...