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accounting

iasb

IASB issues narrow-scope amendments to IAS 12 Income Taxes

21/01/2016(0)
The International Accounting Standards Board® (the Board) today issued amendments to IAS 12 Income Taxes. The amendments, Recognition of Deferred Tax Assets for Unrealised Losses (Amendments to IAS 12), clarify how to account ... Read More
mazars-logo

Mazars announces annual growth of 15.9% together with a strategic merger in China

19/01/2016(0)
Mazars announces 2014-2015 fiscal year results of €1.252bn. This figure is up 15.9% from last year, driven by 6.0% organic growth, 6.0% external growth – in particular from the ... Read More
KPMG- office logo

KPMG and Funding XChange join forces to break deadlock on SME funding

18/01/2016(0)
Funding XChange (FXE), the first UK online marketplace that connects small businesses with lenders, has joined forces with global professional services firm KPMG to tackle the £4 billion funding ... Read More
frc

‘Big Four’ audit firms never examined over illegal tax plans

18/01/2016(0)
Regulators fail to act as they are dominated by the companies they are supposed to police, say critics Audit and accountancy firms who devise tax-avoidance schemes ruled unlawful have ... Read More
HMRC1

HMRC admits to winding up inquiry into HSBC tax evasion claims

14/01/2016(0)
Only one person was prosecuted following claims the bank turned a blind eye to illegal activities of hundreds of wealthy customers HM Revenue and Customs has wound up its ... Read More
abu dhabi

Planned valued added tax of up to 5% in 2018 awaits GCC approval

14/01/2016(0)
A planned value added tax on goods and services will range between 3 to 5 per cent when it comes online in 2018. It could help to replenish regional ... Read More
cryptocoinsnews-taxes-620x420

2016: year of corporate tax reform and fiscal transparency, Moscovici tells MEPs

13/01/2016(0)
2016 should be the year of corporate tax reform and fiscal transparency, tax Commissioner Pierre Moscovici told MEPs from the Special Committee on Tax Rulings and the Economic and ... Read More
ifrs

IASB shines light on leases by bringing them onto the balance sheet

13/01/2016(0)
The International Accounting Standards Board® (the Board) today issued a new accounting Standard, called IFRS 16 Leases. It replaces accounting requirements introduced more than 30 years ago that are no longer ... Read More
taxes

Cyprus:‘Lagarde List’ accounts face €35mln in taxes

13/01/2016(0)
Some €35mln in taxes have been imposed on undeclared deposits in 85 Swiss bank accounts included in the so-called Lagarde List, Finance Minister Harris Georgiades said on Tuesday. Speaking ... Read More
EU-VAT-MOSS

VAT MOSS traders question business status

12/01/2016(0)
Businesses caught up in the EU VAT changes are considering if they are actually “in business” and within the scope of the VAT MOSS scheme, following a recent HMRC briefing document. The tax authority’s latest guidance states ... Read More
Broker Cyprus TopFX