Building an Africa that is more agile, less polarized and better integrated into the world economy is the triple challenge facing the continent
The "Beyond the GAAP" newsletter is published by Mazars. The purpose of this newsletter is to keep readers informed of accounting developments.
Multinational enterprises were the first to take advantage of the integration of national economies that has accelerated in the last decades. As national governments hesitated to acknowledge the multilateral nature of globalization, multinationals could use legislative differences to save taxes. As a result of the global financial crisis of 2009, both governments and the general public expressed their indignation on the tax-driven practices of high-profile multinationals.
Today’s economy is becoming more and more international, leading to a continued increase in demand for globally mobile employees. Deploying staff on global assignments can create escalating challenges for managing the risks arising from tax, social security, immigration, payroll and corporation tax considerations.
For more than 40 years, Mazars has been working with private businesses, financial institutions, governments and public organisations across the African continent.
February 2012: The Foreign Account Tax Compliance Act (FATCA) became law in March 2010 and will go into effect January 1, 2013. The policy rationale is to reduce U.S. tax evasion by improving the information available to the IRS about the offshore accounts of U.S. persons.
The Polish real estate market is one of the fastest growing in the European Union. For that reason, it has been the focus of attention from foreign investors for several years already.
Our IFRS Team comprises of Partners and Senior staff members specialising in IFRS and located in offices around the world in Asia Pacific, Europe, South Africa, and the USA.
Mazars has set things in motion to strengthen its presence in the Middle East and North Africa (MENA) and to follow the development of its client base in these regions of the world through the creation of a powerful platform.