Luxembourg agreed Thursday to share with the European Commission information on tax deals secured by multinational companies with operations in the small nation. Xavier Bettel, Luxembourg’s prime minister, said ... Read More
KPMG has reported a 5% growth in revenues but pre-tax profits fell as the firm made a series of investments in new business lines, while its tax practice felt ... Read More
All EU member states have now been drawn into the European Commission’s investigation into the use of tax rulings to offer preferential tax treatment to multinationals The Commission has ... Read More
The Securities and Exchange Commission imposed sanctions against a Hong Kong-based audit firm and two accountants for failing to properly audit year-end financial statements of a company that the SEC ... Read More
Global Economic Crime Survey 2014 Financial statements are a fundamental barometer of a business — and a traditional starting point for analyses relating to credit decisions, contract awards, and ... Read More
The way in which companies report the risks they face needs to improve and move away from being too bland, too generic, too wordy and too biased on the ... Read More
DELOITTE has scooped the audit account of international publishing group Quarto from incumbent firm Grant Thornton following a conflict of interest issue. Quarto’s directors announced the move to the ... Read More
ICAEW is developing a framework for assurance on bank capital measures in response to increased concern over banks’ capital positions, the institute announced today. The framework is intended to ... Read More
As the year comes to a close and investors square up their portfolios, many may look to sell out of losing positions for tax purposes. That could mean further ... Read More
In what it called the “Year-End Tax Day” for Italian taxpayers, CGIA of Mestre, Italy’s association of sole traders and small businesses, noted that, on December 16, they will ... Read More
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