By KC Chia, KC Chia & Noor
‘…to hope, till Hope creates from its own wreck the thing it contemplates...’ (Percy Bysshe Shelley from ‘Prometheus Unbound’)
The existing multi-stage, broadbased goods and service tax (GST) regime which was implemented on 1 May 2015 has been repealed by the new Malaysian Government and replaced by a single-stage sales tax and service tax (collectively, ‘SST’). The new acts were gazetted and slated to be enforced on 1 September 2018. This dynamic turn has served as a timely wake-up call for all businesses to review their business operations.
By Jeffrey L. Kenens, TeekensKarstens
On 14 September 2018, the Dutch Supreme Court ruled a groundbreaking judgment with farreaching financial consequences. The Supreme Court considered that a worker who was partially dismissed because of long-term disability is entitled to a partial transition fee.
By Ufuk Doğruer, Financial Axis Independent Audit & Consulting Inc
What is ‘Occupational Fraud’? ‘Occupational fraud’ occurs if the top management, employees or third parties are deliberately engaged in fraudulent behaviours in order to provide benefits. The fraudulent forms of movement aimed at providing unfair gains can be realised in many different forms.