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Accounting

Oliver Letwin

Tories oppose to a “flat tax” system

30/07/2014(0)
The Tories have strongly denied they are planning to move to a “flat tax” system – where everyone pays the same rate of tax regardless of income – after ... Read More
property_tax_ipt

Cypriot government to impose immovable property tax

29/07/2014(0)
All companies, organisations and individuals, either residing in Cyprus or abroad, who had immovable property registered in their name in Cyprus as of January 1, 2014, are subject to ... Read More
ukraine

Ukraine plans to introduce “war tax”

29/07/2014(0)
According to Ukraine’s Deputy Finance Minister, Volodymyr Matviychuk, the Ministry is considering the introduction of a special “war tax” of 1.5 percent on salaries, coming into effect before the ... Read More
jamie dimon

Banks Cash In on Mergers Intended to avoid Taxes

29/07/2014(0)
Jamie Dimon, the chief executive of JPMorgan Chase, recently said, “I love America.” Lloyd Blankfein, the chief executive of Goldman Sachs, wrote an opinion article saying, “Investing in America ... Read More
Ernst & Young logo

EY wins £2m Sage audit contract

28/07/2014(0)
EY has won the audit contract for Sage, following a tender of the £2m deal. PwC will step down after completing accounts work to 30 September 2014, bringing its ... Read More
oil

Tax Breaks introduced for Russia-China Gas Deal

28/07/2014(0)
Following a major 30-year gas supply deal signed by the Russia and China on May 21, 2014, the two countries are discussing the introduction of tax breaks on both sides of ... Read More
ubs

Money laundering investigation for UBS AG by French magistartes

25/07/2014(0)
UBS is under formal investigation by French magistrates for money laundering regarding whether the bank helped wealthy French customers evade taxes. The bank has been ordered to pay bail ... Read More
iasb

IFRS 9 Financial Instruments issued by IASB

24/07/2014(0)
The International Accounting Standards Board (IASB) issued today IFRS 9 Financial Instruments to complete the final element of its comprehensive response to the financial crisis. The new model removes ... Read More
WCOA image 3

World Congress of Accountants 2014

23/07/2014(0)
  A unique opportunity for the Accountancy Profession. An event that will bring together influential CFOs and CEOs to discuss the accounting professional’s role, leverage on past experiences and ... Read More
oecd logo

OECD Releases New Tax Info Exchange Standard

23/07/2014(0)
The Organisation for Economic Cooperation and Development (OECD) on July 21, 2014, released its new global Standard for Automatic Exchange of Financial Account Information in Tax Matters, hailing the ... Read More
Broker Cyprus TopFX