Recent Changes in Dividend Tax Rates in Europe

With the exception of Estonia and Latvia, all European countries covered in today’s map levy a dividend tax, with the top rates varying significantly. Greece levies a tax of only 5 percent on dividend income, while Ireland taxes dividends at 51 percent. Over the last three years, eight European OECD countries have made changes to their dividend…

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IFRS Foundation mulls taking on global sustainability standards

The International Financial Reporting Standards Foundation, which oversees the International Accounting Standards Board, has issued a consultation paper to find out how much demand is out there for it to also oversee international sustainability standards. Original Article Posted at : https://www.accountingtoday.com/news/ifrs-foundation-mulls-taking-on-global-sustainability-standards

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BPM merges in Caravel

BPM LLP, a Top 50 Firm based in San Francisco, is adding Caravel Partners, a NetSuite implementation partner in the same city, effective Oct. 1, 2020, expanding BPM’s technology solutions team. Original Article Posted at : https://www.accountingtoday.com/news/bpm-merges-in-caravel-in-san-francisco

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IRS asks watchdog to probe security after Trump tax reports

The Internal Revenue Service has asked a watchdog to investigate the tax system’s security after the New York Times disclosed that its reporters had reviewed more than two decades of President Donald Trump’s tax information. Original Article Posted at : https://www.accountingtoday.com/articles/irs-asks-watchdog-to-probe-security-after-trump-tax-reports

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Bidens release 2019 returns, paid nearly $300K in taxes

Democratic presidential nominee Joe Biden released his 2019 tax returns hours before the first debate with President Donald Trump, showing that he paid $299,346 in income taxes in 2019. Original Article Posted at : https://www.accountingtoday.com/articles/bidens-release-2019-returns-paid-nearly-300k-in-taxes

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