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Comparing Taxation in Germany and Japan
Tax policies play a crucial role in shaping business environments and economic growth. Germany and Japan, both highly developed economies, implement distinct tax systems with varying corporate,...
Latest Amendments to IFRS: Key Updates to IAS 21, IFRS 9, and IFRS 7
The International Accounting Standards Board (IASB) has introduced significant amendments to the International Financial Reporting Standards (IFRS), impacting financial reporting practices...
The Role of Foreign Investments in the Dutch Economy: From Volume to Value
The Dutch economy is deeply intertwined with the rest of the world. A significant portion of the country’s prosperity stems from international trade, cooperation, and investments by foreign...
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Google Announces Chatbot to Compete with ChatGPT
Google has recently announced a new chatbot called "Bard", which aims to compete with OpenAI's ChatGPT in the artificial intelligence (AI) market. Chatbots are computer programs that are designed to...
Windfall Taxes
A windfall tax is a tax on abnormal profits companies make from unexpected events, like the COVID-19 pandemic or the Russian invasion of Ukraine, rather than from their own decisions. A windfall tax...
ChatGPT shows Influential grip on Society
ChatGPT, a large language model developed by OpenAI, has quickly risen to become one of the most influential AI models in recent years. As this chatbot gains societal interest, the ethical...
John Deere Allows U.S. Farmers the Right to Repair
American tractor maker John Deere has agreed to provide U.S. customers with the right to repair. Owners of this well-known equipment are now able to fix their own equipment. Whereas Europe has...
Solar power: the energy of the future and innovative building material that harness the power of the sun to generate electricity for homes and businesses.
The cost of energy has surged sharply in 2022 due to several factors, including the supply disruption due to the Russian invasion of Ukraine and release of pent-up demand post-COVID. As a result,...
Nitrogen Problem in the Netherlands: How it Works
While the Dutch society needs to deal with new nitrogen regulations, the European Commission has hardly any insights into the nitrogen problems in the individual EU member countries. While these...
Preventing Trademark Revocation in China
An increasing amount of overseas companies are registering their trademarks in China. While following the updated intellectual property (IP) regulations in China, solely registering the trademark is...
VAT on energy temporarily reduced to 9%
The Dutch Senate passed the Act on Additional Tax Measures to Increase Purchasing Power 2022 on 28 June 2022. The Act governs the temporary reduction in the VAT rate on energy (natural gas,...
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