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Over the last 18 months or so, bad actors have shifted their attention from performing tax refund identity theft against single consumers to what they deem as a more lucrative, data-rich opportunity: our profession. Cyberattacks aimed at accounting firms are a relatively new and very serious threat. Central to this trend is the fact that … Read More
Vietnam has adopted and maintained the World Customs Organization (WCO) Harmonized Commodity Description and Coding System since March 1998. Subsequently, additional laws and changing regulations have been added leading to additional challenges for Vietnamese companies and the Multi-National Corporations moving operations to Vietnam. In Vietnam, all export and import shipments are required to have a … Read More
On June 6, 2017, the OECD completed its two-day 2017 International Tax Conference in Washington, D.C., in partnership with the U.S. Council for International Business (USCIB). As with day 1 of the event, the OECD BEPS project was the focal point of the panels on day 2, which included discussions by government officials, … Read More
On June 7, 2017, the OECD held a signing ceremony for the Multilateral Convention to Implement Tax Treaty Related Measures to Prevent BEPS (“MLI”). See BEPS Action 15. 67 countries and jurisdictions signed the MLI and eight jurisdictions have expressed their intent to sign. The … Read More
Recently, I was asked to create content and lead sessions on internet safety for our “Bring a Kid to Work Day” event. My audience would be about 125 kids, ranging from five to twelve years old. I’ll admit it; I was nervous. I talk about cyber security constantly with adults — my co-workers … Read More
Understanding the different compliance requirements across multiple regions can be very challenging. Global regulations are not only complex but can change daily. Because of the increased expectation that companies pivot and adjust to these changes, Chinese Multi-National Corporations (MNC) have implemented behaviors to help them deal with these diverse complexities, specifically ensuring their subsidiaries can … Read More