In 2022, global crude oil prices are expected to fall!
Since the third quarter of 2020, global demand for crude oil and petroleum products has outpaced supply, resulting in lower stock levels and higher crude oil prices. According to the Energy Information Administration’s most recent forecast, Brent crude oil spot prices are expected to remain near current levels through the end of 2021. (EIA). In […]
The OECD’s conundrum with the real-time tax reporting framework
Despite the fact that many European countries are considering real-time reporting, which has proven to be quite useful in preventing fraudulent and suspicious transactions as well as tax evasion, the process of bridging the VAT gap between the expected VAT and the VAT collection is relatively slow.
