Accounting
CEOs notch win as SEC adds hurdles for shareholder campaigns
Regulators are making it harder for small-time shareholders to put forth proposals aimed at cracking down on excessive pay, climate change and other corporate governance concerns. Original Article Posted at : https://www.accountingtoday.com/articles/ceos-notch-win-as-sec-adds-hurdles-for-shareholder-campaigns
Read MoreDesigning a Global Minimum Tax with Full Expensing
The work at the Organisation for Economic Co-Operation and Development (OECD) has included plans to propose a global minimum tax. While negotiations are ongoing, it is worth considering a design for the minimum tax that would be neutral toward investment decisions and minimize complexity and compliance costs. Over the summer, a draft of an OECD…
Read MorePKF O’Connor Davies merges in Albrecht, Viggiano, Zureck & Co.
The Top 100 Firm is expanding its presence on Long Island. Original Article Posted at : https://www.accountingtoday.com/news/pkf-oconnor-davies-merges-in-albrecht-viggiano-zureck-co
Read MoreBig Four firms release ESG reporting metrics with World Economic Forum
The Big Four accounting firms have developed a set of metrics for companies to use for environmental, social and governance reporting internationally. Original Article Posted at : https://www.accountingtoday.com/news/big-four-firms-release-esg-reporting-metrics-with-world-economic-forum
Read MoreSweden’s 2021 Budget: Permanent Income Tax Cuts
As a result of the COVID-19 pandemic, the economies of many countries have been significantly damaged. In Sweden, GDP is expected to fall by 4.6 percent in 2020, despite the country’s lack of business and school lockdowns. In August, Sweden’s unemployment rate was 9 percent. Unsurprisingly, Sweden’s economic recovery is a priority in the upcoming…
Read MoreLessons from tax season: Home run or rain delay?
We started 2020 with hopes of a solid season after a rebuilding year following the Tax Cuts and Jobs Act. Instead, this season threw us more curveballs, changeups, game delays, and empty seats than any season in history. Original Article Posted at : https://www.accountingtoday.com/opinion/lessons-from-tax-season-home-run-or-rain-delay
Read MoreLooking Back on 30 Years of Carbon Taxes in Sweden
Key Findings Implemented in 1991, Sweden’s carbon tax was one of the first in the world, second only to Finland’s carbon tax, which was implemented a year earlier. Sweden levies the highest carbon tax rate in the world, at SEK 1,190 (US $126) per metric ton of CO2. The tax is primarily levied on fossil…
Read MoreIn the blogs: Big surprises
Taxes, relief and partisanship; more than a nickel; a new pair; and other highlights from our favorite tax bloggers. Original Article Posted at : https://www.accountingtoday.com/opinion/in-the-blogs-big-surprises
Read MoreCBO Releases New Long-term Budget Outlook
This week, the Congressional Budget Office (CBO) released its extended baseline projections, an annual update of what federal deficits, debt, spending, and revenues would look like over the next 30 years if current laws remain unchanged. These latest projections take into account the effects of the coronavirus pandemic and resulting economic disruption on revenues and…
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