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Accounting

vat

European Commission released VAT Gap Frequently asked questions

27/09/2018(0)
The European Commission has published a Fact Sheet with Frequently asked questions about the VAT Gap, that refers to the overall difference between the expected VAT revenue and the amount ... Read More
money_laundering

CEO of Denmark bank quits amid an alleged $233 billion money-laundering investigation

20/09/2018(1)
The chief executive of Danske, Denmark’s largest bank, resigned Wednesday after a year-long internal investigation into money laundering found $233 billion in suspicious transactions moving through the bank’s tiny ... Read More
Digital Tax

Positions, problems and prospects of EU ‘digital tax’ proposal

14/09/2018(0)
Explained: The EU ‘Digital Tax’ Scramble EU finance ministers met last weekend for the fourth time this year to agree on a tax levy targeting large digital multinationals such ... Read More
red Fraud-Stamp image

Pan-European tax fraud web leads to New Jersey and Dubai

12/09/2018(0)
White-collar criminals aren’t usually so blatant about their intentions. But after tracking a trail of tax fraud that flowed from Denmark to Germany, the UK, Canada, Luxembourg and Malaysia, ... Read More
Accounting network

12 US cities where accountants draw higher pay

10/09/2018(0)
In an extremely competitive hiring environment, a competitive salary isn’t the only important benefit for employers of accountants to offer. Recently released salary guides by Robert Half International and ... Read More
Tax photo

EU finance ministers to discuss proposals to adopt a tax on companies’ digital turnover

06/09/2018(0)
European Union finance ministers will this week discuss proposals to adopt a tax on companies’ digital turnover by the end of the year, a document prepared by the Austrian ... Read More
vat

How would VAT be affected if no deal is made following Brexit negotiations?

03/09/2018(0)
With continued backlash in parliament over the Chequers deal, the UK are falling behind in their negotiations for exiting the European Union on 29 March 2019. While HMRC argues ... Read More
Grant Thornton logo

Grant Thornton fined £3m by a watchdog for misconduct over audits

30/08/2018(0)
The Financial Reporting Council (FRC), the independent, investigative and disciplinary body for accountants and actuaries in the UK, has issued an announcement to inform that has fined and reprimanded Grant ... Read More
brexit

U.K. accounting faces chaos in no-deal Brexit

28/08/2018(0)
Accounting in the U.K. would be thrown into chaos if the country fails to strike a deal on how to leave the European Union, which looks increasingly likely. “Things ... Read More
VAT

Hard Brexit would bring VAT sign-up headache for EU sellers

20/08/2018(0)
European Union-based vendors who use platforms like eBay Inc. and Amazon.com Inc. to sell goods into the U.K. face a compliance headache in the event of a hard Brexit, ... Read More
Broker Cyprus TopFX