Q4 2024: Essential Income Tax Accounting Insights
From alvarezandmarsal.com: (US context) As the 2024 financial reporting season nears, organizations must assess recent developments impacting income tax accounting under ASC 740 and … read more
Foreign Investment
DORA and Technology Disputes – the Digital Operational Resilience Act
From alvarezandmarsal.com: DORA Compliance, applicable from 2025, aims to enhance operational resilience of financial institutions against technology failures and cyberattacks by setting standardized ICT … read more
U.S. tax on foreigners
From theconversation.com: President Trump has the power to double U.S. taxes on foreign citizens and companies under a 90-year-old provision in the tax code, … read more
Employment Law Compliance in the US for Australian Companies
From LegalVision: Australian businesses expanding into the United States must navigate complex federal and state employment laws, including issues such as at-will employment, employee … read more
Trump’s tax plans will send Aussie businesses to the US
From abl.com.au: Trump’s tax plans, which could potentially lower corporate tax rates to 15-20% for U.S. manufacturers, are putting pressure on Australia to reform … read more
Digital businesses trading in the UK and Europe
From www.khq.com.au: Australian businesses offering digital services in the UK or EU must comply with new obligations under several major legal frameworks, including the … read more
US bill to pull out of OECD global tax deal
From www.accountingtoday.com: (US context) House Republicans have introduced the Defending American Jobs and Investment Act to end U.S. participation in the OECD’s global tax … read more
Trump freezes IRS hiring, backs out of global tax deal
From www.accountingtoday.com: President Trump has signed executive orders implementing a hiring freeze for federal employees, particularly at the IRS, and withdrew from a global … read more
Malaysia and Singapore Special Economic zone
From alvarezandmarsal.com: Malaysia and Singapore have launched the Johor-Singapore Special Economic Zone (JS-SEZ) to attract global investments and stimulate regional economic growth.
The initiative … read more
Trump dumps OECD global tax agreement
From www.themandarin.com.au: President Donald Trump signed an executive order rescinding the U.S. commitment to the OECD global tax agreement, allowing the U.S. to set … read more
Chinese-owned entities doing business in Melbourne
From www.rsm.global: Dr. Mary Wang offers ten essential tips for Chinese-owned entities looking to do business in Melbourne, emphasizing the importance of leveraging the … read more
UK Budget drives drop in business confidence
From www.icaew.com: Business confidence in the UK has significantly decreased, with the ICAEW Business Confidence Monitor reporting a drop to 0.2 for Q4 2024, … read more
North American Travel and Hospitality Trend 2025
From alvarezandmarsal.com: Travel and hospitality trends in North America for 2025 suggest a post-pandemic stabilization, tech-driven customer engagement, robust loyalty programs, and strategic ecosystem … read more
Economic optimism rises among CFOs
From www.journalofaccountancy.com: (US context) Almost 75% of CFOs believe the economy will improve in the coming year, a significant increase from 19% in the … read more
Anti-Corruption 2025: USA Trends and Developments
From alvarezandmarsal.com: This comprehensive analysis presents an overview of anticipated changes in the US regulatory environment, government incentive programs for anti-corruption, compliance best practices, … read more