Date Time
APRA publishes FAQs on Superannuation Data Transformation Phase 1 reporting standards
The Australian Prudential Regulation Authority (APRA) has published a set of frequently asked questions (FAQs) for registrable superannuation entity (RSE) licensees about the Reporting Standards for Phase 1 of the Superannuation Data Transformation. The FAQs clarify issues raised by RSE licensees relevant to meeting reporting obligations.
APRA intends to release FAQs on a regular schedule in the lead up to the first submission of data under the Reporting Standards on 30 September 2021. Reporting entities and subscribers of updates to the FAQs will be informed by APRA as these occur.
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Photon Energy Group Publishes Annual Report for 2020 with Improved EBITDA and Expanded IPP Portfolio
DGAP-Media / 19.04.2021 / 08:32
Photon Energy Group Publishes Annual Report for 2020 with Improved EBITDA and Expanded IPP Portfolio
- The Company delivers strong results with an improved EBITDA of EUR 8.440 million (+6.3%) despite the challenges of COVID-19, records no impact from the pandemic on its electricity generation, nor to its EPC and O&M business segments, all key contributors to Photon Energy Group s growth in 2020
- The Company grew its IPP portfolio to 74.7 MWp (+23.0 MWp) and remains focused on its strategic goal to develop, design and construct new projects for its portfolio with a focus on Australia, Hungary, Poland and Romania; significant potential to expand in the field of water treatment technology is expected
Educational Philanthropy Gets Ethical Update
March 16, 2021
The standards, guidelines and definitions for reporting the results of educational philanthropy around the world have been updated with new guidance on gift counting, a new definition of educational philanthropy and for the first time, a statement on ethics.
The Council for Advancement and Support of Education (CASE) released the CASE Global Reporting Standards. For the first time since its initial publication in 1982, the standards offer a digital subscription and six country-specific supplements.
Previously referred to as the CASE Reporting Standards and Management Guidelines, the CASE Global Reporting Standards is a common set of standards, guidelines and definitions for reporting the results of educational philanthropy activities at schools, colleges and universities across the globe.
Tax havens - a big challenge
Experts estimate annual global revenue loss of $200b as result of abuse of tax havens
Salaried class contributed Rs69.4 billion or 7.8% of the total income tax collection in the first half, which was higher by 20% when compared with the same period of last year. PHOTO: FILE
ISLAMABAD:
The Panama Papers, Luxembourg Leaks and Paradise Leaks clearly reveal how tax evasion and money laundering are being carried out on a massive scale through tax havens across the globe.
The ill-gotten and tax-evaded money channeled/ laundered through tax havens has become a global issue for the developing and the developed economies alike.