This publication introduces smart contracts, a new instrument which is deployed on a distributed ledger technology (DLT) such as a blockchain. Smart contracts, as well as the DLT, are currently in early stages. As a result, processes related to smart contracts and the DLT will evolve over time. ...
This publication provides an introduction to cryptocurrencies that entities may possess or otherwise use when transacting with other parties. While the discussions below focus on bitcoin, the most popular cryptocurrency among entities, the information below also applies to other cryptocurrencies ...
In conjunction with the G20, the OECD developed the Common Reporting Standard (CRS) as a global standard for the automatic exchange of information.
Cyber security is one of the biggest corporate issues of our time. As the ‘WannaCry’ ransomware attack in May ably demonstrated, organisations of any size, anywhere, are vulnerable to attack. Though many companies have improved their cyber security defences in recent years, there is much more...
This newsletter summarises recent tax developments of international interest across the world. In this issue, read about the BEPS multilateral instrument, the Diverted Profits Tax in Australia, the Tax regularisation programme in Brazil (PRT), the progressive income tax rate reduction in France...
Welcome to the first BDO HORIZONS of 2017, in which our M&A professionals review the past year and analyse what lies ahead.At our annual BDO Corporate Finance conference in Copenhagen last November, we were able to discuss face-to-face the most significant M&A developments of 2016 across where...
Financial reserves represent an accumulation of prior year surpluses. For a NFP organisation, it is critical that reserves are carefully managed, balancing the need for a sufficient contingency fund with achieving the organisation’s mission.
The regulatory and public policy (RAPP) team at the BDO Global Office in Brussels took an initiative to launch its very own podcasts discussing the most important public policy developments impacting BDO firms and clients across the world. In this podcast: Noel Clehane interviews Wayne Kolins...