State leaders, while largely siding with the industry this year, have sought to impose restrictions and reporting requirements on energy and water use in order to obtain lucrative sales tax exemptions.
But repeal efforts are likely to return.
The International Accounting Standards Board will rely on interim leadership for several months while it still searches for a successor to Chair Andreas Barckow, who leaves at the end of this month.
India’s offer to provide information technology and related industries more certainty about their tax positions is gaining intense interest, especially because it’s seen as a way to avoid prolonged disputes with tax authorities.
Opinion: The PCAOB's latest proposal represents a practical effort to strengthen audit quality while reducing implementation challenges that could further discourage participation in the public company audit market.
The data center boom may be hitting a turning point.
From Arizona to New York, states are pausing or reconsidering tax incentives amid rising costs and community concerns—creating a far more competitive landscape.
Global investment powerhouse KKR & Co. will acquire a “significant” equity stake in Crowe LLP, a top 20 accounting firm, the two firms said.
Two-thirds of audits of brokerage firms picked by the industry’s watchdog for inspection failed to meet US standards, according to released results.
A payroll services company doesn’t have standing to challenge IRS guidance on a controversial pandemic-era tax credit, a federal judge said.
Opinion: Major sporting events such as the NBA Finals create excitement—and opportunities for sports betting. Tax pros should look out for potential “gotchas” and advise clients who may not otherwise realize the tax consequences until it’s too late.
Bloomberg Tax
Bloomberg Tax Insights & Commentary is featuring a recurring questionnaire of prominent tax professionals who are willing to share their thoughts about their work and the practice of tax these days.
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The International Accounting Standards Board will rely on interim leadership for several months while it still searches for a successor to Chair Andreas Barckow, who leaves at the end of this month.
bit.ly
State leaders, while largely siding with the industry this year, have sought to impose restrictions and reporting requirements on energy and water use in order to obtain lucrative sales tax exemptions. But repeal efforts are likely to return.
Opinion: The PCAOB's latest proposal represents a practical effort to strengthen audit quality while reducing implementation challenges that could further discourage participation in the public company audit market.
bit.ly
Global investment powerhouse KKR & Co. will acquire a “significant” equity stake in Crowe LLP, a top 20 accounting firm, the two firms said Thursday.
The data center boom may be hitting a turning point.
From Arizona to New York, states are pausing or reconsidering tax incentives amid rising costs and community concerns—creating a far more competitive landscape.
Two-thirds of audits of brokerage firms picked by the industry’s watchdog for inspection failed to meet US standards, according to results released Thursday.
bit.ly
Opinion: Major sporting events such as the NBA Finals create excitement—and opportunities for sports betting. Tax pros should look out for potential “gotchas” and advise clients who may not otherwise realize the tax consequences until it’s too late.
India’s offer to provide information technology and related industries more certainty about their tax positions is gaining intense interest, especially because it’s seen as a way to avoid prolonged disputes with tax authorities.
A payroll services company doesn’t have standing to challenge IRS guidance on a controversial pandemic-era tax credit, a federal judge said.
bit.ly
Bloomberg Tax Insights & Commentary is featuring a recurring questionnaire of prominent tax professionals who are willing to share their thoughts about their work and the practice of tax these days. Today we feature Jeff Soar, the CEO and founding partner of WTS UK, a private equity-backed tax advisory firm, and EY’s former UK and Ireland tax and law managing partner.
