The lower house of the Swiss Parliament this morningvoted down a deal that would have allowed Swiss bank UBS to share data on closeto 4,500 of its account holders with U.S. authorities.
The deal was signed between the two countries lastAugust, and was approved by the upper house last week (see
Today's 104-76 vote does not kill the deal, however, asthe two houses can still negotiate a compromise. The current parliamentarysession ends on June 18, however, so lawmakers will have to hurry.
The Internal Revenue Service's criminal investigators have been on the lookout for tax evasion by businesses that don't pay employment taxes.
The Internal Revenue Service previewed a draft form for crypto brokers for reporting on the proceeds of digital asset transactions to their customers.
Seventeen percent of comment forms in 2021 and 2022 contained auditor evaluation deficiencies, according to the PCAOB.
KPMG enters $1.1 million partnership with Women's Health Access Matters; UHY releases nonprofit trends report; and more news from across the profession.
Plus, LeaseCrunch announces webinar on lease changes and remeasurements; and other accounting technology updates.
While still a minority in the accounting world, remote partners offer unique benefits amid talent shortages.
