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Accounting News

tax post

Digital tax increase to take effect in Europe

02/01/2015(0)
A change in fiscal rules in the EU is raising the tax on many purchases of digital content, such as e-books. Europe’s tax showdown could be headed straight to ... Read More
European banks

Europe ‘must do more to tackle tax dodging’

30/12/2014(0)
Labour MEPs are pushing the European Commission to do more to tackle tax avoidance – a subject that has plagued Commisison President Jean-Claude Juncker – and to come forward ... Read More
tax post

Top 10 Reasons to Abolish the Corporate Income Tax

30/12/2014(0)
America’s corporate income tax rate, at 35%, is the highest in the world. A rising chorus would like to bring it more in line with foreign rates, which average ... Read More
swiss banks

Switzerland To Refine the withholding tax (WHT) system

23/12/2014(0)
The Swiss Federal Council has said that it intends to refine the withholding tax (WHT) system, to provide increased stability and facilitate the raising of capital. The Council explained ... Read More
QUALITY audit

Audit and assurance for SMEs

22/12/2014(0)
While regulators are lifting the audit thresholds around the world, SMEs still see the access to funding as a challenge. This raises the issue of the value of assurance ... Read More
kpmg

KPMG pre-tax profits dip 9% as tax regulation bites

19/12/2014(0)
KPMG has reported a 5% growth in revenues but pre-tax profits fell as the firm made a series of investments in new business lines, while its tax practice felt ... Read More
tax post

All EU member states told to release tax ruling information

18/12/2014(0)
All EU member states have now been drawn into the European Commission’s investigation into the use of tax rulings to offer preferential tax treatment to multinationals The Commission has ... Read More
audit

Hong Kong-based audit firm and two accountants charged by SEC

18/12/2014(0)
The Securities and Exchange Commission imposed sanctions against a Hong Kong-based audit firm and two accountants for failing to properly audit year-end financial statements of a company that the SEC ... Read More
fraud - image of the word

Accounting fraud

17/12/2014(0)
Global Economic Crime Survey 2014 Financial statements are a fundamental barometer of a business — and a traditional starting point for analyses relating to credit decisions, contract awards, and ... Read More
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