This piece came out of a review request from a listed Japanese manufacturer. The client was not satisfied with the transfer pricing method their tax firm had applied, and wanted a quick second opinion on it. My own transfer pricing work was three years spent on documentation for three companies, about a decade ago —…
On Sep, exciting watch event by Cartier was held on Harajuku. Through this exhibition, it made me clear new trend for luxury industry’s exhibition Trend of Luxury industry exhibition Cartier Watch exhibition was not only watches, but also “experience” was another key word. For example, the exhibition used the latest VR technology. So, visitor could…
This blogs picks up M&A for Tapestry, which owns American luxury brnad COACH. How do you feel when you read this article ? Maybe, main question is‥‥
Once a company is profitable, this one arrives eventually. The mechanics of paying a dividend look simple: approve the financial statements, pass the dividend resolution alongside them, pay it. The complications are all around the edges. The treaty application Assuming a treaty country, filing the application is what gets you the reduction or exemption from…
In this blog, I am going to write about the usage of accounting / finance professional. Until recently, even if international companies (Gaishi), outsouring for accoiunting professional is not so popluar.
The Nikkei released 4/5 that L’Oréal reached an agreement for Aesop acquisition.
Converting from a kabushiki kaisha (KK) to a godo kaisha (GK) has become noticeably more common, including in the luxury sector. Most people in finance know the GK form exists. Rather fewer could say what the concrete advantages are, or what the conversion actually involves. I was in the same position until it landed on…
In this column, I will pick up department store commission, which is one of the most frequent topics for adjustment.
For a while, luxury industry has been occupied by three big conglomerate ; LVMH, Kering and Richemont. The most well-known brands which Richemont has, both Cartier and Van Cleef & Arpels.
Withholding tax sits awkwardly between disciplines. Unlike corporate or consumption tax, it needs payroll and HR knowledge as well as accounting and tax, which is why a lot of otherwise strong finance people quietly avoid it. It is also close to unavoidable at a foreign-owned company. Almost everyone in that seat has run into it…