Ukraine: The Parliament postpones and elaborates major Anti-BEPS novelties
On 23 May 2020, the Law of Ukraine On Amendments to the Tax Code of Ukraine Purposed to Improve the Administration of Taxes, Eliminate Technical and Logical Inconsistencies in the Tax Legislation ( Anti-BEPS Law ) became effective with certain provisions being phased out.
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In brief
On 23 May 2020, the Law of Ukraine “On Amendments to the Tax Code of Ukraine Purposed to Improve the Administration of Taxes, Eliminate Technical and Logical Inconsistencies in the Tax Legislation” (“
Anti-BEPS Law“) became effective with certain provisions being phased out.
At the same time, certain provisions of the Anti-BEPS Law have called for the extension of their entry into force or elaboration thereof.
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Nexters is a top-5 independent game developer in Europe
1 that builds mobile, web and social games loved by millions of players globally. Its flagship product, Hero Wars RPG, was downloaded 36 million times in 2020 on iOS and Android alone, scoring a 4.5/5 average rating among users.
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Nexters generated $318 million in Net Bookings and $120 million in Free Cash Flow to Equity in 2020; the expected continued growth of Hero Wars and new mobile game titles launching in 2021 are projected to drive Net Bookings to $562 million in 2023, after platform fees.
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The Transaction values Nexters at an enterprise value of $1.9 billion, and is expected to deliver up to $150 million in additional cash to the Company to support its transformation into a leading consolidation platform in the European mobile gaming space.
A strategic assessment for Vietnamâs adoption of IFRS 10:27 | 01/02/2021
Companies that have benefited most are those that have looked at this as a chance to make improvements to their systems and processes and have used it as a focus for more efficient, punctual and meaningful internal and external financial information.
By Tran Hong Kien - Partner of Assurance and Accounting Services PwC Vietnam
International Financial Reporting Standards (IFRS) has become the most common accounting language globally. The official approval by the Ministry of Finance (MoF) in Decision No.345/QD-BTC in March last year signifies Vietnamâs commitment to enhancing the quality and transparency of financial reporting in Vietnam towards global standards.
2 months ago
Nexters is a top-5 independent game developer in Europe
1 that builds mobile, web and social games loved by millions of players globally. Its flagship product, Hero Wars RPG, was downloaded 36 million times in 2020 on iOS and Android alone, scoring a 4.5/5 average rating among users.
–
Nexters generated $318 million in Net Bookings and $120 million in Free Cash Flow to Equity in 2020; the expected continued growth of Hero Wars and new mobile game titles launching in 2021 are projected to drive Net Bookings to $562 million in 2023, after platform fees.
–
The Transaction values Nexters at an enterprise value of $1.9 billion, and is expected to deliver up to $150 million in additional cash to the Company to support its transformation into a leading consolidation platform in the European mobile gaming space.
Vanguard News
Finance Act (2020): Fallacies in FIRS’ new powers over SMEs
On
By Innocent Okwuosa
IT is no longer news that the Finance Act (2020), which was signed into law on December 31, 2020 by President Muhammadu Buhari, came into effect on January 1, 2021. What is trending news now, is the realisation that the Act may have introduced about 80 changes to 14 different laws that will affect Nigerians in their different economic endeavours.
These changes, according to commentators, will affect individuals when it comes to the tax they pay, be it income tax or VAT on purchases. The changes will affect big companies as well as small companies. Being an accountant, I am interested in FIRS and the prescription of alternative accounts for small and medium entreprises, SMEs.