New offence could become a ‘damp squib’ ignored by foreign companies, warns tax lawyer HMRC is to go ahead with a bid to create a new criminal offence for ... Read More
Investments in new services and innovation drive KPMG growth Investments in new services, acquisitions and strong growth across core services drive fiscal year (FY) revenues of US$24.44 billion Multi-year, ... Read More
Settlement with German prosecutors, which involves immunity for any current for former staff, is latest embarrassment for bailed-out bank Royal Bank of Scotland is paying €23.8m (£17.3m) to German prosecutors ... Read More
13% increase in revenues strengthens BDO’s position as the leading mid-tier global accounting and consulting network • Revenues up 12.95% • 19 strategic mergers • Growth of US firm continues: a 29% ... Read More
The Council took a number of decisions on corporate taxation. It adopted a directive on cross-border tax rulings, which will improve transparency on tax rulings given by member states to ... Read More
Accounting is an industry that is undergoing so much change, largely sparked by vast advances in technology and we’re only going to see more of it in 2016. The question ... Read More
The Vatican has ordered the first ever external audit of its accounts as part of Pope Francis’ efforts to reform the Roman Catholic Church. The auditor, accounting giant PricewaterhouseCoopers, ... Read More
The European Commission has released a new version of its Taxation Trends in the European Union report. This report contains a detailed statistical and economic analysis of the tax ... Read More
U.S. fast-food chain’s Luxembourg unit has paid ‘virtually’ no corporation tax on profits since 2009 European Union regulators confirmed Thursday they have opened a full-blown probe into McDonald’s Corp.’s ... Read More
The Securities and Exchange Commission announced that national audit firm Grant Thornton LLP and two of its partners agreed to settle charges that they ignored red flags and fraud risks ... Read More
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