Deutsche Bank accounting head probed over EY Wirecard audit

Deutsche Bank AG’s top accounting executive, Andreas Loetscher, is being investigated over his role as the auditor of Wirecard AG while he was with his former firm, Ernst & Young, two people familiar with the matter said. Original Article Posted at : https://www.accountingtoday.com/articles/deutsche-bank-accounting-head-probed-over-ey-wirecard-audit

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House will vote on bill restricting Chinese firms listed in U.S.

The House is set to vote on bipartisan legislation that would impose restrictions on Chinese companies listed on U.S. exchanges, including requiring certification that they’re not under control of a foreign government. Original Article Posted at : https://www.accountingtoday.com/articles/house-will-vote-on-bill-restricting-chinese-firms-listed-in-u-s

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Patent Box Regimes in Europe

Patent box regimes (also referred to as intellectual property, or IP, regimes) provide lower effective tax rates on income derived from IP. Most commonly, eligible types of IP are patents and software copyrights. Depending on the patent box regime, income derived from IP can include royalties, licensing fees, gains on the sale of IP, sales…

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TurboTax maker Intuit wins U.S. antitrust nod for Credit Karma

Intuit Inc., the software company behind TurboTax, won U.S. antitrust approval for its $7.1 billion takeover of personal finance website Credit Karma Inc. Original Article Posted at : https://www.accountingtoday.com/articles/turbotax-maker-intuit-wins-u-s-antitrust-nod-for-credit-karma

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IIRC and SASB plan merger for next year

The International Integrated Reporting Council and the Sustainability Accounting Standards Board said Wednesday they intend to merge into a single organization to be called the Value Reporting Foundation by the middle of 2021. Original Article Posted at : https://www.accountingtoday.com/news/iirc-and-sasb-plan-merger-for-next-year

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