The Securities and Exchange Commission today announced that oil services company Weatherford International has agreed to pay a $140 million penalty to settle charges that it inflated earnings by ... Read More
Taiwan’s Executive Yuan has approved a Finance Ministry proposal to impose value-added tax on foreign online sellers’ supplies to Taiwanese consumers. The proposal is intended to modernize Taiwan’s VAT ... Read More
The European Commission has confirmed plans to draw up a pan-EU list of non-cooperative tax jurisdictions. In announcing the plans on September 15, the Commission released “a pre-assessment of ... Read More
The French government indicated on Friday it would reclaim a 2.2 billion euro ($2.46 billion) tax deduction from Societe Generale (SOGN.PA) if an appeal court rules ex-trader Jerome Kerviel ... Read More
PwC is strengthening its tax reporting practice with the acquisition of Selera Labs, a market leading data technology firm. The acquisition comes at a time when tax authorities around ... Read More
Wales’ emergence as a separate jurisdiction takes a new step today with the introduction of legislation designed to create the first Welsh tax in 800 years. If approved, the ... Read More
The Hong Kong Monetary Authority has unveiled a series of policy initiatives for banks to embrace technology, and changed the city’s tax regime to attract corporate treasury departments, as ... Read More
Egyptian lawmakers have agreed to the introduction of a value-added tax regime with a 13 percent headline rate from the 2016/17 fiscal year. The rate is to rise to ... Read More
New research shows that financial institutions are generally confident about meeting existing and incoming automatic exchange of information obligations. However, the study also found that a significant proportion of ... Read More
Accountants or financial advisers who help customers to bend the rules to avoid paying tax could face tough new fines. the U.K. government said Wednesday. The U.K. Treasury has ... Read More
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