Tax & Accounting Blog

Are you ready for IFRS?

Are you ready for IFRS?

Most of us know, it’s only a matter of time. The move towards a single set of high quality, understandable and enforceable global accounting standards – IFRS – is already underway amongst most of the world’s economies and  before we know it, IFRS will be more or less mandatory for U.S. corporations as well. Some IFRS / U.S. … Read More

We Ask About Your Biggest Data Management Issues

We Ask About Your Biggest Data Management Issues

Our polls revealed there are significant amounts of data and it’s difficult to reconcile it all efficiently. With more of a focus on standardization and automation, corporate tax leaders are tuning in to learn how data management can be improved. Andrew Bazil, Product Specialist for ONESOURCE, was joined by 200+ tax professionals this month to focus on the biggest data management issues … Read More

Why We’re Excited About the TEI Midyear Conference

Why We’re Excited About the TEI Midyear Conference

From catching up with clients to attending some great break-out sessions, I’m really looking forward to being at the TEI Midyear Conference in Washington, DC in a few short days. This year’s 62nd Midyear Conference, will mark the 15th year that Thomson Reuters has been the exclusive partner on tax research … Read More

Cracking Down on International Tax Loopholes- OECD Findings

Cracking Down on International Tax Loopholes- OECD Findings

Hybrid methods use by multinationals for tax evasion are likely to increase scrutiny and additional UTP concerns. This is the basis for the recent OECD report, Hybrid Mismatch Arrangements: Tax Policy and Compliance Issues.  The 27-page report  highlights the use of hybrid methods arrangements to exploit differences in tax … Read More