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Ernst & Young Monthly News January 2008

Publications

VAT à la carte®

(PDF, German, French, 335 kB)

VAT is subject to continous change – a challenge for every entrepreneur. It is of utmost concern to us to support you with our specialists and our knowledge. In order to assure you and to provide you with the latest insights when it comes to VAT, we offer you a broad range of courses about VAT.

Global Transaction Leaders Study 2007

(PDF, English, 379 kB)

Cross-border Transactions: Emerging Markets

Accounting for the Credit Crisis

(PDF, English, 95 kB)

A special edition of Developments in IFRS for financial instruments – November 2007

ITS Global Dispatch

(PDF, English, 1.47 MB)

Australia: Australian Treaty Update / European Union: Recovery of EU VAT Incurred by US-Based Financial and Insurance Services Companies / Hong Kong and Luxembourg: Hong Kong, Luxembourg Sign Tax Treaty / Italy: Italian Draft 2008 Budget Law Released / Mexico: Mexican Presidential Decree Provides Limited Benefits for Certain IETU Taxpayers / South Africa: South Africa Relaxes Exchange Control Rules on Inward Foreign Loans; South African Supreme Court of Appeal Rules Right to Use Interest Free Loan is Taxable / Netherlands: Proposed Amendment of Dutch Anti-Base Erosion Rules / United States: United States and Iceland Sign New Income Tax Treaty: US and UK Define ‘First Notification’ Under Countries’ Competent Authority Agreement

Doing Business in Switzerland 2007 (English Edition)

(PDF, English, 343 kB)

More and more international companies are choosing Switzerland as an ideal location. Although Switzerland is fiscally attractive, the choice of Switzerland as a location is not exclusively tax driven. Companies should also take into consideration the international and social environment that Switzerland can offer.

Doing Business in Switzerland 2007 (Japanese Edition)

(PDF, Japanese, 665 kB)

More and more international companies are choosing Switzerland as an ideal location. Although Switzerland is fiscally attractive, the choice of Switzerland as a location is not exclusively tax driven. Companies should also take into consideration the international and social environment that Switzerland can offer.

Swiss Attractiveness Survey (Japanese version)

(PDF, Japanese, 2.84 MB)

What Foreign Companies Say About the Location Switzerland

The Tipping Point - Where Tax Risk and Internal Audit Meet

(PDF, English, 229 kB)

'The Tipping Point' examines the types of enterprise tax risk issues that organizations face and highlights leading practices that we are beginning to see as tax and internal audit increasingly work together.

Switzerland and High Net Worth Individuals

(PDF, English, 745 kB)

I. Switzerland and High Net Worth Individuals: Switzerland at a glance; Immigration; Purchase of real estate; Tax landscape for individuals; Structure with foreign partnership; Structure with trust; Family office; European comparison / II. Other attractive factors in Switzerland / III. Inheritance/Gift Tax in Japan

IT security is increasingly integrated and oriented towards business objectives

(Press release, HTML, English, German, French)

Zurich, 12 December, 2007 – Ernst & Young’s 10th Annual Global Information Security Survey revealed improvements in information security. It was now twice as likely (29% this year) to be fully embedded in a company’s risk management structures than in the previous year. While compliance (62% of nominations) and data protection (58%) remain the most important drivers, IT security is increasingly being deployed as an instrument for achieving greater IT efficiency and attaining specific business performance goals (45%).

Life Insurance Industry 2008 Outlook

(PDF, English, 192 kB)

Ernst & Young identified seven issues for life insurance companies that are the focus of our 2008 Outlook: Retirement Income, Financial Events, Technology, Offshoring, Solvency II, International Financial Reporting Standards, Tax Issues and Implications

Real Estate IFRS Financial Statements Survey – 2007

(PDF, English, 315 kB)

The real estate industry encompasses a range of activities from property development to construction, management and maintenance. This analysis focuses on the use of IFRS in the property investment industry.

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