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In the News
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 FIN 48 at Two: Certainly Not a Reporting Meltdown
Compliance Week, Apr 28, 2009
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FIN 48 at Two: Certainly Not a Reporting Meltdown
Compliance Week, Apr 28, 2009
Two years ago regulators approved FIN 48, a rule requiring companies to disclose their certainty about tax positions they used. Cynics feared a reporting meltdown … which seems never to have happened, says Compliance Week Columnist (and former SEC Chairman) Harvey Pitt. |
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Companies See Prospect of Tax Audits as Governments Seek Revenue, According to Poll by Tax Governance Institute
Tax Governance Institute, Apr 6, 2009
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Companies See Prospect of Tax Audits as Governments Seek Revenue, According to Poll by Tax Governance Institute
Tax Governance Institute, Apr 6, 2009
As governments seek additional revenue in the current tight economy, senior business professionals say the increased possibility of an audit by taxing authorities is the most significant tax risk facing their organizations today, according to a survey conducted by the Tax Governance Institute (TGI). |
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Income-tax Accounting: Same Difference?
CFO.COM, Mar 31, 2009
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Income-tax Accounting: Same Difference?
CFO.COM, Mar 31, 2009
The International Accounting Standards Board (IASB) takes a stab at simplifying how companies account for deferred taxes. |
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Compliance Under the Recovery Act
Compliance Week, Mar 24, 2009
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Compliance Under the Recovery Act
Compliance Week, Mar 24, 2009
Conserving cash may be vital to corporate survival these days, but a briar patch of regulations could entangle companies that don’t contemplate tax compliance as they set new strategy.
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Transfer Pricing Rules Take Aim at Tax Avoidance
Compliance Week, Jan 20, 2009
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Transfer Pricing Rules Take Aim at Tax Avoidance
Compliance Week, Jan 20, 2009
The Internal Revenue Service has issued new rules taking aim at the transfer pricing arrangements corporations often use to develop new technologies—a move that piles on more concern about valuing intangible assets and disclosing tax uncertainties.
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One Beneficiary of IFRS Switch: the Taxman
CFO.COM, Dec 22, 2008
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One Beneficiary of IFRS Switch: the Taxman
CFO.COM, Dec 22, 2008
A popular method of inventory accounting, not allowed under international rules, will have some U.S. companies paying higher tax bills.
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IRS May Tighten Rules that Send Profits Abroad
New York Times [LEXISNEXIS], Nov 3, 2008
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IRS May Tighten Rules that Send Profits Abroad
New York Times [LEXISNEXIS], Nov 3, 2008
The Internal Revenue Service is considering a plan to curb a tactic commonly used by multinational corporations with American operations to lower their tax bills, a move that would help bring back some of the billions of dollars in taxable profits held overseas. |
MORE NEWS >
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Insights
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Identifying and Managing Tax Risks in an Economic Downturn
TGI Webcast Executive Summary, Jun 22, 2009
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Identifying and Managing Tax Risks in an Economic Downturn
TGI Webcast Executive Summary, Jun 22, 2009
The Tax Governance Institute recently hosted a Webcast on identifying and managing tax risks in an economic downturn. This executive summary highlights the unique tax risks that may arise in a recession in the context of transfer pricing, business restructuring, and debt restructuring and financial instruments. |
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Legislative Update: Administration’s International Reforms Target Deferral, Tax Havens
KPMG Tax News Flash No. 2009-200, May 4, 2009
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Legislative Update: Administration’s International Reforms Target Deferral, Tax Havens
KPMG Tax News Flash No. 2009-200, May 4, 2009
On May 4, 2009 President Obama outlined the international tax reforms he will include in the budget request he will transmit to Congress this month. The reforms include changes to deferral of foreign earnings and the foreign tax credit, curtailing the use of “check-the-box”
disregarded entities and compliance initiatives involving the use of tax havens. |
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Survey Report: Tax Risks in an Economic Downturn
Tax Governance Institute, Apr 27, 2009
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Survey Report: Tax Risks in an Economic Downturn
Tax Governance Institute, Apr 27, 2009
As companies grapple with the challenges of the economic downturn, senior business professionals say the increased possibility of an audit by taxing authorities is the most significant tax risk facing their organizations today, according to a survey conducted by the Tax Governance Institute. |
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Managing Indirect Tax Risks Globally
TGI Webcast Executive Summary, Apr 3, 2009
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Managing Indirect Tax Risks Globally
TGI Webcast Executive Summary, Apr 3, 2009
The Tax Governance Institute (TGI) hosted a live video Webcast on managing indirect tax risks globally. During the Webcast, the panel explored how companies process and account for VAT and related transactions; the inherent tax risks in a VAT; and the adequacy of VAT-related controls.
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Managing Transfer Pricing Controversies
TGI Webcast Executive Summary, Feb 20, 2009
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Managing Transfer Pricing Controversies
TGI Webcast Executive Summary, Feb 20, 2009
The Tax Governance Institute (TGI) recently hosted a live video Webcast on managing transfer
pricing controversies. During the Webcast, the panel explored the lifecycle of transfer pricing controversies and discussed practical tools and techniques for addressing some of the most common transfer pricing controversy issues that confront multinational companies. |
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IFRS: Tax Considerations When Converting from U.S. GAAP
Tax Governance Institute, Oct 1, 2008
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IFRS: Tax Considerations When Converting from U.S. GAAP
Tax Governance Institute, Oct 1, 2008
The Tax Governance Institute (TGI), in conjunction with KPMG's IFRS Institute, hosted a live video Webcast on the tax considerations associated with converting from U.S. Generally Accepted Accounting Principles (GAAP) to International Financial Reporting Standards (IFRS). This executive summary highlights the Webcast which was hosted by Ashby Corum, KPMG LLP Tax Partner and Midwest IFRS Tax Leader, and featured a panel that included Anne McGeachin, Senior Project Manager at the International Accounting Standards Board (IASB), Jamey Shachoy, Managing Partner, Global Tax, for Accenture, and Kees Bakker, KPMG Midwest IFRS Audit Leader, on secondment from the Netherlands. |
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KPMG's 2008 Corporate and Indirect Tax Rate Survey
KPMG International, Sep 2, 2008
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KPMG's 2008 Corporate and Indirect Tax Rate Survey
KPMG International, Sep 2, 2008
Tax rates on corporate profits have continued their long decline in the past year, but governments worldwide are increasingly looking to real-time taxes, taxes on goods and services, to make up shortfalls in public revenues. |
MORE INSIGHTS >
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