Accounting

Four-US-Banks

Bank Pays $400m Fine For Aiding US Tax Evasion

05/01/2015(0)
A leading Israeli bank has agreed to pay the US government $400 million compensation for helping US customers evade tax. Bank Leumi confessed to advising 1,500 wealthy Americans how ... Read More
Francois-Hollande

France Just Quietly Killed Off Its Failed 75% Super-Tax

02/01/2015(0)
The eye-catching and eye-watering 75% payroll tax rate in France was quietly killed off by the government yesterday, after failing to raise significant revenue. The tax was also accused ... Read More
tax post

Digital tax increase to take effect in Europe

02/01/2015(0)
A change in fiscal rules in the EU is raising the tax on many purchases of digital content, such as e-books. Europe’s tax showdown could be headed straight to ... Read More
European banks

Europe ‘must do more to tackle tax dodging’

30/12/2014(0)
Labour MEPs are pushing the European Commission to do more to tackle tax avoidance – a subject that has plagued Commisison President Jean-Claude Juncker – and to come forward ... Read More
tax post

Top 10 Reasons to Abolish the Corporate Income Tax

30/12/2014(0)
America’s corporate income tax rate, at 35%, is the highest in the world. A rising chorus would like to bring it more in line with foreign rates, which average ... Read More
swiss banks

Switzerland To Refine the withholding tax (WHT) system

23/12/2014(0)
The Swiss Federal Council has said that it intends to refine the withholding tax (WHT) system, to provide increased stability and facilitate the raising of capital. The Council explained ... Read More
PWC logo

PWC Report: A Guide to Cloud Audits

22/12/2014(0)
Today, Internal Audit is in a state of rapid transformation, thanks largely to cloud technologies.  IT is rapidly modernizing our data centers from virtualization to software defined data centers ... Read More
princess-christina---tax-fraud-trial

Princess Cristina of Spain to face a tax fraud trial

22/12/2014(0)
The Spanish king’s sister, Princess Cristina, is to face a tax fraud trial over alleged links to her husband’s business dealings. It is the first time for modern Spain to ... Read More
QUALITY audit

Audit and assurance for SMEs

22/12/2014(0)
While regulators are lifting the audit thresholds around the world, SMEs still see the access to funding as a challenge. This raises the issue of the value of assurance ... Read More
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