Tax Fraud Blotter: Healing and stealing
Psychics gone bad; wrong numbers; cattle and veils; and other highlights of recent tax cases.
Psychics gone bad; wrong numbers; cattle and veils; and other highlights of recent tax cases.
The eye-popping $38 billion tax bill that Apple Inc. said it plans to pay on its mammoth pile of accumulated foreign earnings will probably hit federal coffers in an eight-year trickle, not a one-time torrent.
PricewaterhouseCoopers’ firm in India is appealing a two-year ban on auditing public companies by the Securities Exchange Board of India.
The Financial Accounting Standards Board has issued an accounting standards update to clarify how to apply the new lease accounting standard to land easements, simplifying adoption of the standard for some easements.
Opponents of the new corporate tax cuts were right. Many companies didn’t pay the full rate before the law passed—so they won’t see splashy reductions in 2018, according to their own estimates.
Baker Tilly International announces $3.4 billion in global revenues; Rea & Associates donates food to Help Can Hunger drive; and more news from CPA offices across the country.
Dixon Hughes Goodman appoints director of change management; CohnReznick grows transactional advisory team; and other recent hires, promotions and personnel news from firms across the country.
Nigeria’s finance minister plans to drag tax defaulters who don’t make use of an amnesty to court as she seeks funds to plug the nation’s $25 billion infrastructure gap.
President Donald Trump said Friday that U.S. economic growth promoted by his policies would help the world, seeking to square his “America First” agenda with globalism.
UHY Advisors, Inc. has acquired Bright Point Consulting, a finance and accounting software implementation firm based in Raleigh, N.C.