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Perceived deficiencies in oversight posed a risk that licenses could be granted to applicants lacking financial stability or cybersecurity standards, an audit team wrote.
By Stacy-Marie IshmaelJanuary 9 -
The struggles at smaller companies could create opportunities for professionals that help companies restructure their debt and turn themselves around.
By Ellen SchneiderJanuary 8 -
The 49-year-old ran the group's Portuguese unit when the alleged acts of corruption, money laundering and tax fraud took place.
By Henrique AlmeidaJanuary 4 -
The tax lien is a new headache for the luxury retail and real estate tycoon as he tries to stem a flood of insolvencies that have swamped his sprawling empire.
By Jonathan TironeJanuary 3 -
The U.K.'s audit and accountancy regulator has opened an investigation into an accountant following solar farm investments made by a now bankrupt local authority.
By Sabah MeddingsJanuary 3 -
In the fiscal year ending in July 2023, Intuit received $106 million in federal research and experimentation credits, which amounted to about 4% of its total R&D expenses.
By Brody FordJanuary 3 -
Narrower criteria reduced the number of qualifying models from about two dozen. The new rules exclude from the tax credit vehicles that use battery components made by Chinese manufacturers.
By Ari NatterJanuary 2 -
The residential landlord with thousands of properties across Germany has been under intense public scrutiny since October 2021.
By Lucca de Paoli and Laura AlvižDecember 27 -
Under the draft proposal from the Treasury Department, hydrogen projects would need to adhere to strict environmental requirements.
By Ari NatterDecember 27 -
Iris supplies software for the U.K. accounting, payroll, human resources and education sectors.
By Swetha GopinathDecember 26 -
The U.S. has spelled out new rules for tax credits manufacturers can receive for domestically producing parts necessary for the energy transition — and there's a clear divide for miners and processors.
By Joe DeauxDecember 14 -
The deal saved hundreds of Chinese companies in the U.S. from being booted off American stock exchanges but has done little to revive the flow of initial public offerings.
By Yiqin Shen and Amy OrDecember 14 -
High-stakes Treasury guidance for claiming hydrogen production tax credits has drawn the ire of Senator Joe Manchin.
By Ari NatterDecember 14 -
Italy's finance police had claimed that the company owed about €779 million after an audit of the tax years from 2017 to 2021.
By Thomas SealDecember 13 -
LC Lawyers, the Hong Kong law firm member of the Big Four auditor's global network, will cease operations on Jan. 23.
By Sarah ZhengDecember 12 -
Iris supplies software for the accounting, payroll, human resources and education sectors.
By Dinesh Nair, Silas Brown and Swetha GopinathDecember 12 -
The job cuts will affect "a limited number of people" in the Big Four firm, according to a statement from EY's U.S. unit.
By Irina AnghelDecember 12 -
Like other firms, KPMG has been battling a fall in demand for its services caused by the tougher economic climate.
By Irina AnghelDecember 7 -
The World Health Organization said raising excise taxes on alcohol and sweetened beverages is the most effective way to reduce consumption while generating revenue.
By Elina GanatraDecember 6 -
The Swiss city of Lugano started to accept cryptocurrencies for paying taxes, fines and all other invoices from the municipality.
By Bastian BenrathDecember 6



















