Payment services, Infringements
Tax IFRS news
European Commission prolongs the equivalence mechanism in relation to third-country Generally Accepted Accounting Principles
Accounting
The Monitoring Group issues a Consultation Paper on the Governance Review of the international standard setting for auditors and the PIOB issues a Consultation Paper on its work programme.
Auditing
How tax can tackle the job crisis
Taxes affect incentives on both sides of the labour market. They can discourage employers from hiring, would-be employees from taking up work, and current employees from working longer and harder. Cutting taxes can increase employment, but how can this…
OECD recommends action on international tax loopholes
Aggressive tax planning – untaxed income, multiple deductions and other forms of international tax arbitrage – is a growing concern for all governments.
New head of the Global Forum on Transparency and Exchange of Information for Tax Purposes is appointed
Ms. Monica Bhatia has been appointed Head of the Secretariat of the Global Forum on Transparency and Exchange of Information for Tax Purposes. She will take up her duties on 1 April 2012.

