Location Root Tag

Several hurdles remain in an impasse over audits on U.S.-listed Chinese companies to avoid forcing them off American exchanges as early as next year, an SEC official said.

Hong Kong’s accountant body said it failed to reach an accord to prolong an 11-year mutual recognition agreement with the U.S. amid a dispute over local qualifications.

The state had an average annual net out-migration of 28,700 part-year residents, or 0.3% of taxpayers, between 2015 and 2019.

Roman Abramovich’s U.K. business empire stretched far beyond Chelsea Football Club. Among those who helped build it was an upstart firm with an illustrious name.

U.S. regulators expanded the list of businesses that face possible expulsion from American exchanges because of Beijing’s refusal to allow access to the businesses’ audits.

The tax incentive is a controversial policy, one that has created bitter resentment among many on the crisis-ravaged island.

Mayor Eric Adams blamed his widely reported refusal to do so on the “arrogance” of a reporter who asked the question earlier this month.

Florida Governor Ron DeSantis is keeping his hands off hundreds of millions of dollars in tax breaks recently lavished on the entertainment giant.

The CSRC called for faster implementation of a new rule surrounding overseas listings that may remove a hurdle for U.S. regulators.

The European Union stumbled again in its attempt to implement a minimum corporate tax at 15% as Poland continued to block progress.

The revised draft rules deleted the requirement that on-site inspections should be mainly conducted by Chinese regulatory agencies or rely on their inspection results.

Chinese authorities are preparing to give U.S. regulators full access to auditing reports of the majority of the 200-plus companies listed in New York as soon as the middle of this year.

Gary Gensler signaled that only total compliance with U.S. audit inspections will allow the companies to keep trading on American markets.

The board said Thursday that it is still meeting with Chinese authorities to discuss the ability to inspect auditing firms in that country.

The board is reportedly making progress on talks with Chinese authorities on enabling access to inspections of local firms.

China and the U.S. should be able to reach an agreement on the auditing dispute, according to a senior executive at China’s top investment bank.

The Empire State wasn’t the only one to come out ahead, with all 50 states receiving more from the federal government than their residents paid in taxes in fiscal year 2020.

The Golden State is poised to restore corporate tax breaks and extend its workaround for the federal cap on deductions for state and local taxes.

India took a step closer to adopting cryptocurrencies after years of wavering on its stance, as the country seeks to keep up with the global move toward digital assets.

Signs of contagion are rippling through China’s property industry, with a spate of auditor resignations deepening concerns about developers’ financial health.