The Czech Government on July 2, 2014, confirmed that it intends to introduce a second reduced rate of value added tax (VAT) of ten percent. After months of indecisive ... Read More
Several Swiss banks have threatened to freeze American clients’ accounts unless they prove they are, or take steps to become, tax compliant, as the country’s lenders hurry to resolve ... Read More
Seventy-six U.S. corporations have shifted their tax domiciles out of the United States to other countries since 1983 to avoid U.S. taxes, with a sharp increase recently in such ... Read More
The Australian Government has announced a new Exploration Development Incentive (EDI) that will assist junior explorers in raising capital from private sector investors through a refundable tax offset. The ... Read More
Ten further foreign jurisdictions were included by the United States Treasury in its latest monthly list, issued on July 1, 2014, as having reached agreements in substance on June ... Read More
A partner at an accountancy firm with branches in Suffolk and Norfolk who admitted fraud involving £24,000 has repaid the outstanding balance from his offending, a court has heard. ... Read More
In what the United States Administration has called an “effort to crack down on tax evasion and reduce the tax gap,” the Foreign Account Tax Compliance Act came into ... Read More
Incoming European tax legislation could cause a headache for UK platforms with non-UK citizen clients, who would be liable to pay VAT on providers’ services, consultants Deloitte has warned. ... Read More
Hong Kong’s Secretary for Financial Services and the Treasury Professor KC Chan has welcomed the passage of the Inland Revenue (Amendment) Bill 2014 by the Legislative Council on June ... Read More
Salaries increased by 4.3%, to £66,795 in 2013/14, while the average bonus was 17.5% (up from 17.2%). In addition, 53% of accountants received a bonus compared to 47% a ... Read More
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