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accounting

swiss banks

Switzerland To Join Multilateral Convention On AEOI

20/11/2014(0)
The Swiss Federal Council has approved plans for the nation to join the Multilateral Competent Authority Agreement (MCAA) on the Automatic Exchange of Financial Account Information, describing it as ... Read More
AAOIFI logo

Islamic finance body AAOIFI to revise four standards, eyes sukuk

20/11/2014(1)
The Bahrain-based Accounting and Auditing Organisation for Islamic Financial Institutions (AAOIFI) will revise four of its standards in the first half of next year while expanding its guidance for ... Read More
accountants-and-technology

Technology In Accounting: Banks Should Mind the Gap

19/11/2014(0)
Financial institutions often turn to technology to meet increases in regulatory and reporting demands, dedicating large and ever-increasing portions of their budgets each year to investments in tools and ... Read More
islamic finance

Islamic finance body AAOIFI to discuss global accounting standards

18/11/2014(0)
The Bahrain-based Accounting and Auditing Organisation for Islamic Financial Institutions (AAOIFI) is engaging its counterpart in conventional finance to discuss the convergence of corporate accounting standards. The move is a shift ... Read More
starbucks

EU says Starbucks’ Dutch tax deal may be illegal

14/11/2014(0)
A deal between Starbucks Corp’s (SBUX.O) and Dutch authorities may be illegal state aid as it allows the world’s biggest coffee chain to make payments on a lower corporate income tax ... Read More
fatca

Hong Kong, US Sign FATCA Agreement

14/11/2014(0)
On November 13, Hong Kong and the United States signed an inter-governmental agreement (IGA), the substantive terms of which were agreed in May this year, and which will facilitate ... Read More
china stocks

China to Waive Capital-Gains Tax for Foreigners on Link

14/11/2014(0)
China will waive capital-gains taxes for foreign stock investors using the Shanghai-Hong Kong (HSCEI) bourse link, clarifying its rules three days before the program’s debut provides unprecedented access to mainland shares. Chinese individuals ... Read More
Ed Balls

Labour vows to double fines on tax avoidance

14/11/2014(0)
THE LABOUR Party yesterday pledged to double the fines on people who aggressively avoided tax, if it won the next election. Shadow chancellor Ed Balls said this would be ... Read More
TAX-REFORM-US

Tax Reform Not Included In Obama, Congress Meeting

11/11/2014(0)
While there had been some hope of immediate moves towards United States corporate tax reform after the mid-term election results, the first joint meeting on November 7 between President ... Read More
EY

EY announces participation at the World Congress of Accountants

11/11/2014(0)
EY marks the 2014 World Congress of Accountants (WCOA) in Rome on 10-14 November 2014 by reinforcing its long-standing commitment to the audit profession and its importance. The 2014 ... Read More
Broker Cyprus TopFX