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Accounting

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PwC accepts payment in Bitcoin for its advisory services

01/12/2017(0)
PwC in Hong Kong has for the first time accepted payment in Bitcoin for its advisory services. As the firm works increasingly with companies in the digital asset and ... Read More
tax-logo2

Jersey And The Isle Of Man Have Each Received High Rating In Tax Matters

28/11/2017(0)
Jersey and the Isle of Man have each received the highest possible OECD rating in recognition of their compliance with global standards of information exchange in tax matters. Each ... Read More
financial services tax

EU commission wants ‘credible’ tax haven blacklist

08/11/2017(0)
The European Commission is demanding that member states reach an agreement on an EU tax haven blacklist, in the wake of media revelations of widespread tax avoidance schemes by ... Read More
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KPMG is facing a battle to remain as auditor to the Bank of England

06/11/2017(0)
KPMG is facing a battle to remain as auditor to the Bank of England‎ as rivals plot to end its decade-long tenure in the prestigious role. Sky News has ... Read More
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ACCA: Governments and Accountancy profession must work together

31/10/2017(0)
A new report from ACCA (the Association of Chartered Certified Accountants) has called for governments, public sector entities and the accounting profession to work together to assist in the ... Read More
vat

OECD Supports States To Mirror EU’s Digital VAT Reforms

27/10/2017(0)
On October 24, the OECD released new implementation guidelines to support the collection of consumption taxes on cross-border sales. The guidance – Mechanisms for the Effective Collection of VAT/GST ... Read More
VAT

EU Council Approves VAT Derogation For Four States

20/10/2017(0)
In Volume 60 of the Official Journal of the European Union (L 265), published October 14, the European Council approved four proposals for council implementing decisions in respect of ... Read More
financial services tax

How to raise funds for health-related spending? Tax salty foods

19/10/2017(0)
Portugal has announced plans to introduce a tax on salty foods to raise funds for health-related spending. Under the measure, foods with a salt concentration of one gram or ... Read More
ernst-and-young

Sanctions against senior auditor and EY

17/10/2017(0)
Ernst & Young LLP (EY) and Julian Gray, Senior Statutory Auditor and Audit Engagement Partner, have been fined and reprimanded after admitting Misconduct in relation to the audit of ... Read More
Amazon building

EU ordered Luxembourg to collect around €250 million from Amazon

05/10/2017(0)
The European Commission has issued a press release to inform on its conclusion that Luxembourg granted undue tax benefits to Amazon of around €250 million. According the press release, ... Read More
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