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accounting

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Apple ‘to pay €318m’ to settle Italy tax fraud case

30/12/2015(0)
Apple’s Italian subsidiary has agreed to pay €318m (£235m; $348m) following an investigation into tax fraud allegations, Italy’s tax office says. Italy’s tax authorities say the company failed to ... Read More
deloitte-1

World Tax 2016 has awarded the Deloitte network

30/12/2015(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 48 countries including the Deloitte firm in ... Read More
HMRC

Seven big investment banks in UK paid just $30 million tax in 2014

29/12/2015(0)
Seven of the biggest investment banks operating in London paid little or no tax in Britain last year, despite reporting billions of dollars in profits, a Reuters analysis of ... Read More
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BVI Removed From French ‘Blacklist’

28/12/2015(0)
The British Virgin Islands (BVI) has been removed from France’s list of non-cooperative tax jurisdictions as a result of greater cooperation between the jurisdictions. The BVI said it had ... Read More
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EY’s Japanese arm fined £11.6m by regulator over Toshiba failings

23/12/2015(0)
Japan’s financial regulator has fined EY’s Japanese affiliate ¥2.1bn (£11.6m) over the firm’s failure to identify accounting irregularities at Toshiba which meant the electronics giant overstated profits by some ... Read More
ship company

Greece: Brussels demands changes in shipping taxation

22/12/2015(0)
The European Commission has called for a radical change in the way shipping firms are taxed in Greece. On Monday Brussels sent a series of proposals to Athens that ... Read More
ukraine

Britain pays to PwC for helping to design Ukraine’s tax reform – finance ministry

22/12/2015(0)
The Finance Ministry of Ukraine drew up the draft amendments to the Tax Code of Ukraine itself, although the ministry used consultations by PricewaterhouseCoopers (PwC) international consulting company, the ... Read More
frc

Investigation announced in respect of Grant Thornton’s audits of Globo plc

21/12/2015(0)
The Financial Reporting Council (FRC) has launched an investigation under the Accountancy Scheme into Grant Thornton UK LLP’s audits of the consolidated financial statements of Globo Plc for the ... Read More
vat

EU To Extend Minimum 15 Percent VAT Rate

21/12/2015(0)
The European Commission has proposed that an EU law provision be extended to ensure that member states levy a headline VAT rate of at least 15 percent until December ... Read More
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