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Accounting

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The accounting trick that helps multinationals avoid paying tax

30/10/2015(0)
Chevron Australia’s aggressive tax strategies have resulted in an additional $322 million tax bill, but this may only be the beginning of the energy giant’s woes with the Australian ... Read More
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Fighting tax evasion: EU and Liechtenstein sign new tax transparency agreement

29/10/2015(0)
Today the EU and Liechtenstein signed a new tax transparency agreement, marking another important step forward in the fight against tax evasion. Under the new agreement, Liechtenstein and EU ... Read More
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Deloitte network awarded more ‘tier one’ ratings than ever, by World Tax 2016

29/10/2015(0)
World Tax 2016 has awarded the Deloitte network its best rankings to date, giving a ‘top tier one’ rating to Deloitte member firms in 47 countries. World Tax tier ... Read More
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PwC has acquired the assets of Kusiri

29/10/2015(0)
PwC’s deals and forensics practice has acquired the assets of Kusiri, a technology start-up which provides a forensic data search platform used to discover fraud and for compliance screening. ... Read More
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PWC has scooped the Virgin Money audit from KPMG

27/10/2015(0)
PwC wrestles Virgin Money audit from KPMG PWC has scooped the Virgin Money audit from KPMG after its Big Four rival had held the account for 11 years. Virgin ... Read More
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Number of accountants increased after financial crisis

27/10/2015(0)
In the four years following the financial crisis, membership growth of global professional accounting organizations far outpaced all employment growth in most regions worldwide. According to a new report ... Read More
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Norway Plans Zero VAT Rate For Digital News

27/10/2015(0)
The Norwegian Government has announced that it will levy a zero percent rate of value-added tax (VAT) on digital news, to level the industry playing field. The rate will ... Read More
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IRS Extends FATCA IGA Compliance Deadline

26/10/2015(0)
Within its Notice 2015-66, the Internal Revenue Service (IRS) has provided for a delay to the provision of information under Model 1 Foreign Account Tax Compliance Act (FATCA) intergovernmental ... Read More
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Grant Thornton delivers £521m UK fee income

23/10/2015(0)
Grant Thornton has reported a 1.6% year-on-year uplift in its revenue for the financial year ending 30 June 2015 to £521m. The result, which delivered profit before tax of £82m ... Read More
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Brussels orders EU countries to claw back ‘illegal’ tax rulings

22/10/2015(0)
Europe’s competition chief ordered the Netherlands to recover €20-30 million in back taxes from Starbucks on Wednesday (21 October) and told Luxembourg to claim the same amount from Fiat ... Read More
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