We’ve been warned about the downsides of non-GPA fiscal reporting numerous times this year… The most recent outcry came last Monday from IASB chair John Uoogervorst, who was ranting about “increasingly misleading” non-GAAP measures at the annual conference of the European Accounting Association. He basically simply mirrored similar comments spoken recently by the SEC chair…
Tag: analysing
How the Brexit Will Influence the Taxation?
Yeah, we’re gonna talk some politics today, but that’s just simply because this is definitely that kind of politics which will ultimately influence both the economics and the ways we do business. Recall, that ahead of the referendum, Prime Minister Cameron said in the event of a Brexit vote, he would be obliged to instantly…
Tax Season is Here (Again)
After spending more than third of a century practicing accounting and tax management, I can actually state that we had a pretty smooth tax season this year. Outside of a few incidents, such as the April 1 to April 18 final push, I found myself kind of calmer, and more stress-free than usual. However, there…
Can BEPS Help US Tax Reform Tomorrow?
John Saint-Amans, director of the Center for Tax Policy and Administration at the Organization for Economic Cooperation and Development (OECD), says that regardless of the common agreement amongst many of the pitfalls and the emergent need for reform of the US corporate tax system, “the change for US corporate tax reform has been so far…