News

HLBI latest news:
21 Feb

Smaller Food And Beverage Companies Lead The Way

There is no doubt that smaller food and beverage companies are leading the way. Larger companies must make huge investments in developing a national product. Because of this economy of scale issue, larger companies have lagged, but are being pushed by consumers. “Traditional food and beverage companies are acquiring natural food brands, and a number

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20 Feb

Submitting a withholding tax refund claim in France

In a recent decision, the French Administrative Supreme Court (Conseil d’Etat) has provided details on the admissibility of claims made by non-residents to obtain a refund of French withholding tax paid on dividends. Non-resident taxpayers must produce any documents indicating the date of payment of the tax and the identity of the distributing company (or

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18 Feb

HLB UK – Brexit Survey on UK SME sector

French Duncan, the member firm of HLB in Scotland, worked together with the other HLB UK member firms to conduct a survey among UK clients and contacts to see what they thought of Brexit and its current progress. The survey provides an understanding of what the UK SME sector currently thinks of Brexit. It appears

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15 Feb

The law on tax free took effect in Russia

On January 1, 2018, the law on tax free took effect in Russia. The tax free system provides for the return of VAT in case of removal of goods from Russia by the citizens of foreign countries (except the Eurasian Economic Union countries – Armenia, Belarus, Kazakhstan and Kyrgyzstan). The goods should be bought in

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14 Feb

Dutch VAT due by a German entrepreneur residing in Germany

Dutch Court of ‘s-Hertogenbosch recently ruled a rented apartment qualifies as a permanent establishment for VAT. The business activities of the German entrepreneur consist of the supervision of DNA testing via websites (paternity tests where permission from the mother is not necessary). The DNA tests are performed in Australia. Because the paternity tests without permission

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13 Feb

HLB International appoints member firm in Rwanda

HLB International, one of the leading global accountancy networks with presence in 150 countries, continues its growth with the recent signing of a new member firm in Rwanda, M.N & Associates CPA. M.N & Associates CPA is based in Kigali, the capital city of Rwanda. Established in 2008, the firm provides and offers expertise in

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07 Feb

Overview of the Real Estate Industry in China

In the last few decades, the Chinese economy has been expanding dramatically, and China is now the second largest economic entity in the world. As a pillar industry, real estate made an unprecedented contribution in stimulating economic growth and increasing government revenue aspects compared to other industries. 1.History Of Chinese Real Estate Industry The government

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04 Feb

Consumers are Driving Major Food and Beverage Trends

Today many consumers are passionate about their health, and it is none too soon. As a nation, the U.S. has become progressively less healthy, and the food and beverage industry has been a major contributor. From high-fructose corn syrup to highly refined carbohydrates, the U.S. has literally made itself sick. Consumers have woken up, however,

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