All International articles

  • Blog

    Treasury, IRS issue proposed regulations on BEAT


    The U.S. Treasury and the Internal Revenue Service have issued proposed regulations on the base erosion and anti-abuse tax established under the Tax Cuts and Jobs Act.

  • Blog

    IRS winds down voluntary disclosure, ramps up investigations


    Just as the IRS bolsters its international enforcement capabilities and activities, it is also phasing out its voluntary disclosure program.

  • Article

    Argentina passes tough new anti-corruption law


    Long criticized for looking the other way on graft, Argentina now requires companies doing business there to build strong anti-corruption programs, and plans to enforce it, as well.

  • Blog

    EY Indonesia firm settles $1 million action with PCAOB


    U.S. audit regulators have settled a $1 million action with an EY affiliate in Indonesia over allegations of audit failure and noncooperation.

  • Blog

    IFAC calls on G-20 to support international standards


    The International Federation of Accountants is pitching the G-20 to make a plug for international accounting and auditing standards when they meet in September. Tammy Whitehouse reports.

  • Blog

    Congress presses Treasury for relief on Section 385 proposal


    Ranking Republicans are pressing the U.S. Treasury to rework its fast-tracked, inversion-attacking proposal that would assign debt treatment to common corporate transactions. Tammy Whitehouse has more.

  • Blog

    Intercompany accounting woes tallied in new poll


    Only a small fraction of companies have strong intercompany accounting, but an onslaught of new tax regulations is giving new reason to get it under control. Tammy Whitehouse has more.

  • Blog

    OECD Measures Would Tie Off International Tax Loopholes


    The Organization for Economic Cooperation and Development has offered the G-20 nations measures intended to plug the holes that let companies engage in offshore tax planning that reduces the total global tax base. The package includes minimum standards to thwart the use of conduit companies to channel investments. It also ...

  • Blog

    SEC Warns on Foreign Business vs. Joint Venture


    Be careful what you call a “foreign business.” The Securities and Exchange Commission says it is seeing too many instances of companies trying to call their joint ventures “foreign businesses” for financial reporting purposes. Perhaps that’s because the reporting requirements might be easier to meet. See inside.

  • Blog

    Life Comes at You Fast, Part II: Eike Batista


    "Life comes at you fast," doesn't it Eike Batista? (Just ask MC Hammer and Allen Stanford).It has been a very tough recent stretch for former Brazilian billionaire, Eike Batista. In 2012, shortly after he was described by Brazil's President, Dilma Rousseff, as "our standard, our expectation and, above all, the ...

  • Blog

    For One Day, At Least, Australia a 'Paradise for White Collar Criminals'


    In remarks at a business journalism awards lunch last week in Australia, Greg Medcraft, the Chairman of the Australian Securities & Investments Commission, made some startlingly candid remarks about the state of Australia's ability to prosecute and penalize white collar crime. Medcraft noted that ASIC had conducted a review of ...