Tax & Accounting Blog

Canada Publishes Form and Instructions for Country-by-Country Report

Canada Publishes Form and Instructions for Country-by-Country Report

On February 3, 2017, the Canada Revenue Agency (CRA) published a form (RC 4649) and instructions for completing the country-by-country (CbC) report for reporting fiscal years that begin after 2015. New section 233.8 of the Income Tax Act requires certain multinational enterprise (MNE) groups to file a CbC report. The report … Read More

CS Web Accounts Now Have a “Software Only” Option

CS Web Accounts Now Have a “Software Only” Option

With the new login requirements and the necessary CS Web accounts needed to access the software, the new Software Only option enables you to access your CS Professional Suite applications — but does not permit access to website features such as software renewals, training or the Thomson Reuters Community. An Admin account can manage and … Read More

Take a Risk This Tax Season

Take a Risk This Tax Season

Accounting Firms February 7, 2017

“Taking risks gives me energy.” –Jay Chiat, co-founder, TBWA\Chiat\Day advertising agency. A new year naturally brings thoughts of new beginnings, change and resolutions. Unfortunately, the resolve seldom lasts beyond the first week or two – but that’s understandable in the case of tax and accounting firms, since the reality of busy season looms just around … Read More

Ireland Explains Time Limits on Revenue Opinions and Confirmations

Ireland Explains Time Limits on Revenue Opinions and Confirmations

On January 26, 2017, Irish Revenue (Revenue) published eBrief No. 08/17 regarding the period of validity of opinions and confirmations. Revenue will only provide an opinion or confirmation for complex issues, where information is not readily available or where there is genuine uncertainty regarding applicable tax rules. An opinion or confirmation represents Revenue’s … Read More