Tax & Accounting Blog

New Zealand Proposes Amendments to Draft BEPS Bill

New Zealand Proposes Amendments to Draft BEPS Bill

On May 15, 2018, New Zealand published the Finance and Expenditure Committee’s (the “Committee’s”) amendments to the Taxation (Neutralising Base Erosion and Profit Shifting) Bill (the “Bill”). Part 1 of the Bill (i.e., hybrid and branch mismatches, interest limitation, permanent establishment (“PE”), transfer pricing) would amend the … Read More

Big Data Aggregation Changing the Face of Client Write-Up

Big Data Aggregation Changing the Face of Client Write-Up

What’s the buzz with Big Data, and what does it mean to us as tax and accounting professionals? Big data, the cloud, artificial intelligence, API’s…all terms we see, but it’s hard to know what’s relevant to your firm and where to invest our learning resources. This article is my best attempt to connect the dots … Read More

U.K. Parliamentary Committee Approves Draft Order to Implement MLI

U.K. Parliamentary Committee Approves Draft Order to Implement MLI

On May 9, 2018, several members of the U.K. Parliament and the Financial Secretary to the Treasury, Mel Stride, debated and approved the draft order (Double Taxation Relief (Base Erosion and Profit Shifting) Order 2018) of March 28, 2018 during a meeting of the Third Delegated Legislation Committee. The legislation … Read More

EY’s Terry Cardew on Banks’ Response to the U.S. TCJA

EY’s Terry Cardew on Banks’ Response to the U.S. TCJA

Terry Cardew is Banking & Capital Markets tax leader for EY’s Financial Services Office. His experience includes a variety of tax planning, consulting, and compliance projects for multi-national financial services companies headquartered in the U.S. and outside the U.S., as well as for various global real estate funds and alternative investment vehicles. In his current … Read More

Cyberattacks are here to stay – protect your organization with these 10 best practices

Cyberattacks are here to stay – protect your organization with these 10 best practices

By Joseph Raczynski Technologist, Thomson Reuters Our online connections can be downright frightening! The diabolical among us seize every opportunity to plunder our personal information. In fact, FireEye, a leading cybersecurity corporation, has some startling statistics to support this. When conducting an audit of 1,200 companies, they found that 97 percent of the … Read More