Further powers are set to be afforded to HM Revenue & Customs as the government looks to tighten the noose on those holding funds offshore and maximise its revenues. ... Read More
People with old Social Security debts are getting a reprieve — for now. The Social Security Administration had been participating in a program in which thousands of people were ... Read More
The Governmental Accounting Standards Board (GASB) on Monday defined two approaches for measuring assets and liabilities, which officials said will guide the standard-setting organization in establishing accounting and financial ... Read More
Taxware, provider of sales, use and value added compliance software and services, announced the acquisition of VAT Resource, The Netherlands-based independent VAT technology, consulting and compliance outsourcing company. The ... Read More
Personal income tax has risen in 25 of the 34 OECD nations over the past three years, as countries reduce the value of tax-free allowances and tax credits and ... Read More
Bill Gates washes his own dishes, as we learned this year from his Ask Me Anything session on Reddit, but he’s certainly not trying to save money. The world’s ... Read More
The Grant Thornton International Business Report (IBR) reveals that global M&A activity has risen from this time last year, with dynamic businesses leading the way. The results confirm that ... Read More
A third of SMEs say they do not have a business plan despite evidence that those that do are consistently more profitable and more than twice as successful in ... Read More
While acknowledging that auditors are under unprecedented scrutiny, an international association of audit regulators is asking audit firms to analyze causes of problems in audits globally in hopes of ... Read More
The European Commission has launched two public consultations and is creating an expert group to gather ideas on how to tackle any tax obstacles that hinder the cross-border activity ... Read More
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