Digital

Part 2: DAC7 & record-keeping obligations for digital platforms

Welcome to Part 2 where we take a closer look at DAC7 which introduces an automatic exchange of information between Member States’ tax administrations for income generated by sellers on digital platforms. In its political guidelines (“A Union that strives for more”) for the next European Commission 2019-2024, the EU Commission reiterated its willingness […]
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New VAT obligations for electronic marketplaces

“It was high time we updated our tax rules to reflect the growing importance of digital platforms for the European Economy. Once the new rules (…) are adopted and implemented, national authorities will automatically exchange information on the revenues generated by sellers on these platforms, and those sellers will benefit from simpler administrative procedu […]
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Change management in digital transformation: backbone of the new reality?

An interview with Jean-Christophe Denis, Associate Partner in IT Advisory at KPMG Luxembourg   The current pandemic has reshaped the way we work. It has also reinforced the importance of being technologically well-equipped to keep up with the new reality’s flexibility and on-the-go requirements. Sophie Dubroca, Manager within KPMG Luxembourg’s […]

Resetting the learning function

The worldwide pandemic sparked fundamental changes on how business is conducted and brought new work paradigms such as remote working to the surface. Human resources (HR) management is one area that has been significantly impacted: from recruitment to onboarding, and continuous learning to performance management, the HR function has had to think fast. Rethink […]
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The conundrum facing bank CFOs: doing more with less

In recent years, CFOs have spent most of their budgets and energy on regulatory changes. In many banks, especially small ones, their only ambition is to keep the situation under control. Ensuring the quality of prudential reporting, satisfying audit requirements and maintaining control processes leaves limited resources left over to invest in business strategy a […]
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Creating a future-proof IT function

Once upon a time, there was business strategy and technology strategy. They led more or less separate existences. Now, there’s just one strategy…driven by technology. According to IDC*, 80% of revenue growth will depend on digital offerings and operations by 2022. Therefore, the IT function is today at a crossroads. IT should not be seen anymore as a stan […]
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