Accounting

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Samsung Told by Tax Man to Use Apple-Topping Cash: Korea Markets

21/08/2014(0)
Samsung Electronics Co. is sitting on a cash pile 58% bigger than Apple Inc. (AAPL)’s war chest. The tax man has a message for South Korea’s biggest company: “Use ... Read More
European Central Bank

ECB bank audit to cover consultants in cash

21/08/2014(0)
The European Central Bank and eight national regulators, including the eurozone’s five largest economies, will spend up to €487.7m on fees to external advisers for the comprehensive assessment, a ... Read More
UAE-Burj-Khalifa-Dubai

Dubai Gold And Commodities Exchange Joins DMCC Free Zone

21/08/2014(0)
Dubai Gold and Commodities Exchange (DGCX), the first derivatives exchange in the Middle East and North Africa (MENA) region, has announced that it has moved to a new permanent ... Read More
bitcoin-coins

Bitcoins to be taxed like shares

20/08/2014(0)
BITCOIN and other crypto-currency investors will have to pay capital gains tax on the sale of these assets, according to new guidance by the Australian Taxation Office. People in ... Read More
irs

Florida man admits hiding $1.1M from IRS

20/08/2014(0)
An 83-year-old Florida man pleaded guilty Tuesday to hiding at least $1.1 million from the IRS in secret Switzerland and Israel bank accounts for more than a quarter century. ... Read More
pwc-building

PWC fined $25m regarding Bank of Tokyo consult issues

19/08/2014(0)
PWC has been fined $25m (£15m) and banned from some consulting work for two years by New York State’s financial regulator because of misconduct during work at Bank of ... Read More
tax

Tax Burden in U.S. Not as Heavy as It Looks, Report Says

19/08/2014(0)
For years, chief executives have complained bitterly about the United States corporate tax code, arguing that it is too complicated and that rates are too high. The issue has ... Read More
PwC-building

PwC takes on Aussie legal market

18/08/2014(0)
Former King & Wood Mallesons (KWM) partners Tony O’Malley and Tim Blue, who set up a Sydney boutique earlier this year, have joined accounting giant PricewaterhouseCoopers (PwC) to launch ... Read More
taxes

Expo Milano 2015 Tax Breaks Announced

18/08/2014(0)
In advance of the next Universal Exposition, which will be held from May 1 to October 31, 2015, in Milan, the Italian Revenue Agency has issued details of favorable ... Read More
Traders work on the floor of the New York Stock Exchange

Companies avoid U.S. tax system but investors lose returns

18/08/2014(0)
Establishing a tax domicile abroad to avoid U.S. taxes is a hot strategy in corporate America, but many companies that have done such “inversion” deals have failed to produce ... Read More
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