The Association of International Accountants (AIA) are pleased to announce the awarding of AIA membership to two senior professors based in Malaysia. Mr Mahebub Chatur, AIA Head of Development for Malaysia & ASEAN presented the AIA Certificate of Membership awarded by the AIA Council to Prof. Nor Effuandy Pfordten and Prof. Norhaila Binti Sabli at a ceremony held in Malaysia on 11 October.
The Irish Revenue has updated their guidance on the tax treatment of lump sum payments on a redundancy or a retirement. Such lump sum payments may be exempt from tax or may qualify for some relief from tax.
The Irish Revenue has published updated guidance on the VAT Transfer of Business Relief. The guidance covers the VAT relief on the transfer of goods, goodwill or other intangible assets between accountable persons.
The Exchange Fund’s foreign assets increased by HK$10.5 billion in June to HK$2.6706 trillion, the Hong Kong Monetary Authority announced today.
The Indian Government today announced a target to develop the skills of 50 crore people by 2022 under the National Policy on Skill Development (NPSD).
China has loosened currency controls to make it easier for domestic companies and individuals to set up special purpose vehicles (SPVs) overseas, according to revised rules published by the nation's foreign exchange regulator.