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AGroup and Drogas extended the HRB® system support agreement

February 9, 2009

AGroup and Drogas signed the HRB® system support agreement for the year 2009. Drogas is the biggest cosmetics and pharmaceuticals retailer in the Baltic States.

Hungarian company InterSoft Consulting Ltd is to become HRB® distribution and support partner of AGroup

January 5, 2009

AGroup (www.agroup.lv) and InterSoft Consulting Ltd. (www.intersoft.hu) signed a partnership agreement, according to which the latter gets the rights for HRB® license distribution, support and other according services on implementation and exploitation of HRB® product in Hungary.

R&K and AGroup bought the rights for HRB® system

October 14, 2008

R&K investment group bought the rights for HRB® system, previously owned by Roberts & Blums Corporation (Amazing Global Technologies). HRB® product became very popular in Russia and Eastern Europe and is used for human resources workflow automation.

HRB Portal podcast

HRB Portal podcast is designed to accelerate the expansion of HR & business processes' digitalization. It's targeted on aspiring HR directors & managers by offering the content that informs, educates & entertains. HRB Portal podcast is geared towards professional development, whether you're new to human resource or have been at it for decades. You can expect podcasts several times a month featuring leading specialists of AGroup, HRB Portal community companies, HR executives, our legal partner Glimstedt representatives and other experts relevant to HR.

HRB Portal podcast

HRB Portal podcast

HRB Portal podcast is designed to accelerate the expansion of HR & business processes’ digitalization. It’s targeted on aspiring HR directors & managers by offering the content that informs, educates & entertains. HRB Portal podcast is geared towards professional development, whether you’re new to human resource or have been at it for decades. You can expect episodes each month featuring leading specialists of AGroup, HRB Portal community companies, HR executives, our legal partner Glimstedt representatives and other experts relevant to HR.

Guest: GLIMSTEDT attorney-at-law & certified tax consultant, Gita Avotina

Host: AGroup PR & Marketing Manager, Julia Kuznecova

On 11 November 2021, the European Parliament gave the final approval on the EU Directive on public Country-by-Country Reporting (CbCR), formally known as the Directive of the European Parliament and the Council amending Directive 2013/34/EU as regards disclosure of income tax information by certain undertakings and branches.

Glimstedt is a well-recognized & leading law firm, which provides AGroup and respectively all HRB Portal users with all the necessary suite of legal and regulatory support in Latvia, Lithuania, and Estonia, ensuring full compliance with local legislation and proper conditions to make informed & confident decisions that work.

In this episode Gita Avotina, Glimstedt attorney-at-law & certified tax consultant answering the questions assumed that publishing CbCR on a voluntary basis might demonstrate the long-standing commitment to transparency since the positive impact outweighs the negative effect of higher tax payments.

Furthermore, there are companies which have independently moved towards voluntary publishing, for example, Vodafone, BHP Billiton, Unilever. Besides, enhanced transparency could be considered as a pivotal goal. Also, it’s worth noting that the EU Directive doesn’t overlap other CbCR standards, such as BEPS Action 13 and Global Reporting Initiative-207 (GRI-207).

Along with that, Gita has outlined that the most vital is the condition that information is public (disclosure of information) and is not filed only to the tax authorities. What’s more the exchange of information has already been performed, but only for tax authorities. Which means that the companies by substance have been prepared since 2016. Additionally, non-EU companies are covered by the regulations as well, if non-EU parented companies if they are operating in the EU through medium-sized or large subsidiaries or branches.”

HRB Portal podcast is brought by AGroup, a leading HR & business software provider in Baltics & Eastern Europe. To learn more visit us on agroup.lv

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Send in a voice message: https://anchor.fm/hrb-portal-podcast/message

EPS#6 How the proposed by CbCR Directive tax transparency rules impact multinationals doing business in the EU? (part 2)

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