Accounting

oecd logo

Taxes on labour income for the average worker across the OECD continued to decrease

13/04/2017(0)
Taxes on labour income for the average worker across the OECD continued to decrease for the third consecutive year during 2016, dropping to 36% of labour costs, according to ... Read More
KPMG- office logo

KPMG US removes head of audit for ‘improper’ warnings

12/04/2017(0)
The firm said it learned in late February, from an internal source, that an individual who had joined KPMG from the PCAOB subsequently received confidential information from a then-employee ... Read More
switzerland

Switzerland launched a new tax reform proposal

12/04/2017(0)
The steering body comprised of members from the Confederation and the cantons has completed a first round of hearings on tax proposal 17 with political parties, cities, communes, churches ... Read More
Facebook

Facebook will start paying 18 percent VAT in Russia

11/04/2017(0)
Social media giant Facebook has joined the list of IT firms registered with Russia’s Federal Tax Service as a foreign company selling electronic content in Russia. Beginning April 25, ... Read More
tesco logo

High court approves £129m fine for Tesco over accounting scandal

11/04/2017(0)
The high court has approved a settlement between Tesco and the Serious Fraud Office that involves Britain’s biggest retailer paying a £129m fine over an accounting scandal. Sir Brian ... Read More
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Mazars published UK consolidated financial statements for 2016

10/04/2017(0)
International accountancy and advisory firm Mazars has now published its UK consolidated financial statements for the year ended 31 August 2016. The firm’s overall fee income increased from £149 ... Read More
ESMA logo

ESMA reports on EU Accounting enforcement in 2016

10/04/2017(0)
The European Securities and Markets Authority (ESMA) has published its annual report on the enforcement and regulatory activities of accounting enforcers within the European Union (EU) in 2016. ESMA, ... Read More
financial services tax

Netherlands to introduce Registry Of Beneficial Ownership to fight Tax evasion

10/04/2017(0)
One year after the revelations of the Panama Papers there is still a lot of work to do for the Netherlands to effectively prevent and fight widespread international money ... Read More
deloitte-1

Deloitte enables Bitcoin payments

10/04/2017(0)
Deloitte is one of the many major corporations around the world keeping a close eye on bitcoin. It is good to see such a world-renowned brand promote the use ... Read More
hmrc

HMRC launch criminal investigation into global financial institution

07/04/2017(0)
HMRC, alongside our international partners, launched an investigation for suspected tax evasion and money laundering by a global financial institution. HM Revenue and Customs is getting increasingly tougher on offshore ... Read More
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