Tax & Accounting Blog

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

Are You a Paper Wrangler — Or a Tax and Accounting Professional?

Are You a Paper Wrangler — Or a Tax and Accounting Professional?

During tax season, it can be a chore to scan and sort and organize your clients’ source documents. And even once you have everything entered, ever-expanding tax and accounting regulations make it more challenging than ever to meet the deadlines you set for getting your clients their tax returns. Why not give yourself a break … Read More