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International negotiations on new tax rules for the digital age will fail to conclude this year, raising the risk of a transatlantic trade conflict and a proliferation of contentious national levies on global tech giants.
October 13 -
The Public Company Accounting Oversight Board imposed a $250,000 penalty on Marcum LLP and its Marcum Bernstein Pinchuk unit over audits of Chinese companies.
October 2 -
Apple Inc.’s victory over a record back-tax order faces a challenge at the European Union’s top court as Competition Commissioner Margrethe Vestager seeks to rescue her crackdown on allegedly unfair fiscal deals doled out to multinational companies.
September 25 -
The Top 100 Firm based in Atlanta has acquired Plush Smith P.A., a firm in Sarasota, Florida.
September 18 -
GSX Techedu is the latest case of a U.S.-listed Chinese company facing greater scrutiny on accounting issues amid rising tensions.
September 3 -
Proposition 19 would change key aspects of the landmark Prop 13.
September 2 -
China is calling for direct talks to solve a years-long dispute that threatens global markets.
August 27 -
The U.S. suspended its extradition treaty with Hong Kong and ended reciprocal tax treatment on shipping with the former British colony, the latest salvo in escalating tensions between Washington and Beijing.
August 20 -
President Donald Trump said he’ll punish American companies that move jobs abroad and reward firms with tax breaks for shifting work from China to the U.S., proposals aimed at hastening the decoupling of the world’s largest economies.
August 18 -
China’s securities regulator said it has sent U.S. authorities a fresh proposal about co-auditing Chinese firms, days after Washington moved to tighten rules for stock listings from the Asian nation.
August 11 -
A high-powered group of U.S. regulators said stock exchanges should set new rules that could trigger the delisting of Chinese companies, following mounting concerns that investors are being exposed to frauds.
August 7 -
The iPhone maker’s court victory follows separate criticism that huge EU antitrust fines for Google have made little difference.
July 16 -
For Ireland, a ruling that it didn’t illegally help Apple Inc. is vindication, of sorts.
July 15 -
Apple Inc. won its court fight over a record 13 billion-euro ($14.9 billion) Irish tax bill in a crushing blow to European Union Competition Commissioner Margrethe Vestager’s crackdown on preferential fiscal deals for companies.
July 15 -
The European Union may delay digital tax proposals to give countries move time to hammer out a deal and avert a transatlantic trade war, a top official from the bloc said.
July 14 -
The Trump administration is starting investigations into digital services taxes considered by several trading partners from the European Union to India that could lead to tariffs being imposed on the countries’ exports to the U.S.
June 2 -
Under the Senate legislation, if a company can’t show that it is not under control of a foreign government, or the PCAOB isn’t able to audit the company for three consecutive years to determine that is the case, the company’s securities would be banned from the exchanges.
May 21 -
The Senate overwhelmingly approved legislation Wednesday that could lead to Chinese companies such as Alibaba Group Holding Ltd. and Baidu Inc. being barred from listing on U.S. stock exchanges amid increasingly tense relations between the world’s two largest economies.
May 21 -
China’s securities regulator blacklisted six executives for their role in a $4.2 billion accounting scandal at Kangmei Pharmaceutical Co., one of the country’s biggest drugmakers.
May 15 -
The president acknowledged the move could prompt Chinese companies to move off of the NYSE and Nasdaq.
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