New Zealand's Robust Approach to Tax Compliance for Multinationals in 2024
New Zealand's Inland Revenue (IR) has released an updated 2024 Multinational Enterprise Compliance Focus, aiming to enhance tax compliance among multinationals. This is the first revision since 2019 and it includes a strategy that emphasizes prevention, identifies high-risk areas, and uses analytics for improved compliance. Key areas for focus include BEPS risks and tax governance, with MNEs contributing positively to national revenues.
Kieran Botha | Nov, 16 2024 Read More
Dogecoin Soars in Market Capitalization, Surpassing Major Corporations Like Ford, Delta, and General Mills
Dogecoin (DOGE) has significantly increased its market capitalization to over $60 billion, surpassing companies like Ford, Delta Air Lines, and General Mills. This surge is attributed to the appointment of Elon Musk to a governmental department, hinting at his influence and support towards the cryptocurrency. Despite signs of buyer fatigue and miner sell-offs, retail interest remains robust, but cautious monitoring of market indicators is advised.
Kieran Botha | Nov, 14 2024 Read More
Pye-Barker Expands Fire Safety Services with Acquisition of Nevada's Legacy Fire Services
Pye-Barker Fire & Safety, a leading provider of fire protection and life safety services, has acquired Legacy Fire Services to expand its reach in Nevada. This acquisition aims to enhance Pye-Barker's safety offerings in the Reno area by bringing Legacy's expertise in fire protection systems and customer care into its fold.
Kieran Botha | Sep, 18 2024 Read More
Kenya's Mobius Motors Shuts Down Amid Financial Turmoil and Competitive Pressure
Mobius Motors, known for its affordable and rugged SUVs tailored for Africa's demanding roads, has ceased operations due to financial woes and intense competition from used imports. The company's innovative approach was undermined by tax hikes and logistical hurdles, leading to a difficult decision to liquidate.
Kieran Botha | Aug, 7 2024 Read More