Tax & Accounting Blog

Chile Requires Taxpayers to Maintain Registry of Controlled Foreign Entities

Chile Requires Taxpayers to Maintain Registry of Controlled Foreign Entities

On January 20, 2017, the tax authority (Servicio de Impuestos Internos) published Resolution No. 9 (the “Resolution”), establishing the content and format of the registry that Chilean taxpayers, which directly or indirectly control entities located abroad (“controlled entities”), should maintain in accordance with article 41 G of the Income Tax Law … Read More

Five Content Strategies That Drive Engagement

Five Content Strategies That Drive Engagement

For many accounting firms, the buying lifecycle can often take months, if not years. To reach your final destination (the sale), it is critical to develop your content strategy so that neither you nor your prospects get lost along the way. The following five content strategies drive engagement through each stage of the buying lifecycle. … Read More

New Phishing Scam Targets Firms, Uses Social Engineering to Capture Staff Logins

New Phishing Scam Targets Firms, Uses Social Engineering to Capture Staff Logins

As new IRS regulations implemented last year make it harder and harder for criminals to use consumer tax software to file fraudulent returns, they’re increasingly setting their sights on tax practitioners. More and more, hackers and fraudsters are attempting to steal sensitive client data, hijack professionals’ tax systems (and EFINs) to use for fraudulent filings, … Read More

India Publishes Guidelines to Determine Company’s Place of Effective Management

India Publishes Guidelines to Determine Company’s Place of Effective Management

On January 24, 2017, India’s Ministry of Finance published Circular No. 6 of 2017, which provides guidelines for determining the place of effective management (“POEM”) of a company. See BEPS Action 6. Finance Act 2015 amended Section 6(3) of the Income Tax Act (“ITA”), effective from April … Read More

What Does the United States’ Withdrawal from the TPP Really Mean?

What Does the United States’ Withdrawal from the TPP Really Mean?

Headlines around the world announced U.S. President Donald Trump’s formal withdrawal of the United States from the Trans-Pacific Partnership (TPP) agreement on Monday.  In a reversal of the former Obama administration’s position on the multi-lateral trade deal, President Trump signed an executive order, effectively killing the TPP for the 12 countries involved in the negotiations.  … Read More

Ensure Your Firm’s Future – and Your Sanity – With Knowledge Transfer

Ensure Your Firm’s Future – and Your Sanity – With Knowledge Transfer

It’s April 16. You’re in full let’s-just-forget-this-tax-season-ever-happened mode. Your carpal tunnel kicked into overdrive sometime around March 1. The rest of your body is a mess, too, thanks to the 60, 70, even 80-hour weeks you’ve worked since…well, it seems like forever. Your brain’s so fried you could barely remember how to get home last … Read More