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- Bates buys back Leeds United
- LEEDS AFP — Ken Bates has bought back fallen English football giants Leeds United after heading up a consortium which has purchased the club from administrators. Local property developer Simon Morris had also been in the running to buy the troubled League One side but adminstrators KPMG decided that...
- Research articles 2007-07-11
- Crisis-hit Leeds United put up for sale
- LONDON AFP — Debt-ridden English club Leeds United were put up for sale by administrators Friday because of a legal challenge by tax officals over an unpaid multi-million-pound (euro, dollar) bill. "We are putting the club up for sale and offers must be in by 5:00 pm (1600 GMT)...
- Research articles 2007-07-06
- Telecommuters tap into office work revolution
- HARDEN, Australia AFP — A rock holds down the snail-mail in the old oil can that serves as a letterbox at the entrance to KPMG senior manager Kelvin Brown's office. But visitors should not be fooled: Brown, 45, is a trailblazer on the information superhighway. Phone him at...
- Research articles 2007-06-01
- "Thin Cap GLO" decision raises UK-UK questions.
- May 07, 2007 (Tax Planning International Transfer Pricing - ABIX via COMTEX) -- On 13 March 2007, the European Court of Justice issued a decision on what is known as the "Thin Cap GLO". The cause concerned disputes about cross-border finance. The Court mostly adhered to...
- Research articles 2007-05-07
- Mergers let tax firms offer more.
- Jan 11, 2007 (International Tax Review - ABIX via COMTEX) -- KPMG member firms in Germany and Great Britain are planning to merge into a single entity, KPMG Europe LLP. KPMG Europe LLP will be chaired jointly by John Griffith-Jones, currently Chairman of KPMG LLP (Great...
- Research articles 2007-01-11
- Notice provides upward adjustment for overseas housing costs.
- Byline: Lisa M Nadal Oct 31, 2006 (Tax Notes International - ABIX via COMTEX) -- A notice was issued by the US Internal Revenue Service IRS on 6 October 2006. Notice 2006-87, 2006-43 IRB 1 provides for increased limits on excludable or deductible...
- Research articles 2006-10-31
- Judge blasts pressure put on KPMG over legal fees
- NEW YORK -- A federal judge ruled Tuesday that the U.S. Attorney's office unfairly pressured the KPMG accounting firm not to pay the legal expenses of former partners who have been charged with selling abusive tax shelters. It marked a stinging rebuke to federal prosecutors here and the Justice Department's...
- Research articles 2006-06-28
- [1060] External reporting on Tax Office compliance reporting.
- Byline: Stuart Jones Jun 19, 2006 (Weekly Tax Bulletin - ABIX via COMTEX) -- Subsequent to its release, the Australian Taxation Office ATO's 2005-06 Compliance Program was found to have contained a reporting error. The error concerned tax returns that had been submitted...
- Research articles 2006-06-19
- Canada-US competent authority relationship improving.
- Byline: Robert Goulder May 29, 2006 (Tax Notes International - ABIX via COMTEX) -- An improvement can be expected in the relationships between Canadian and US tax authorities. Former Canadian tax official Francois Vincent, who now works with KPMG in Montreal, told...
- Research articles 2006-05-29
- Developers on warpath over taxman's latest GST ruling.
- Byline: Maurice Dunlevy Apr 26, 2006 (The Australian - ABIX via COMTEX) -- KPMG Australia has interpreted Australian Taxation Office ATO rulings on the "margin" scheme. Under the scheme, residential property developers pay goods and services tax GST on the sale of new...
- Research articles 2006-04-26
- Crackdown on service trust perks.
- Byline: Leon Gettler Apr 20, 2006 (The Age - ABIX via COMTEX) -- The Australian Taxation Office ATO issued new guidelines on service trust fees on 20 April 2006. Service trusts - often used by accountants, doctors, lawyers and other professionals as...
- Research articles 2006-04-20
- Tax camp: it all adds up to a good time.
- Byline: Matthew Coghlan Apr 20, 2006 (The Australian Financial Review - ABIX via COMTEX) -- KPMG's tax camp for graduate recruits helps new employees to "hit the ground running". The six-day intensive training camp aims to dispel any complacency recruits may have regarding...
- Research articles 2006-04-20
- 2006 Top 100 Firms Databank
- OVERVIEW Firms over % Firms over % Firms under % Total Top % $1 bn chg. $100 mn chg. $100 mn chg. 100 Firms chg. Revenue (in $ mn) $30,550.33 14.62 $4,247.79 16.82 $3,292.57 16.49 $38,090.69 15.02 Partners 9,072 5.45 2,291 2.92 3,890 18.67 15,253 8.12 Professionals 78,098...
- Research articles 2006-04-01
- 2006 Top 100 Firms Databank
- OVERVIEW Firms over % Firms over % Firms under % Total Top % $1 bn chg. $100 mn chg. $100 mn chg. 100 Firms chg. Revenue (in $ mn) $30,550.33 14.62 $4,247.79 16.82 $3,292.57 16.49 $38,090.69 15.02 Partners 9,072 5.45 2,291 2.92 3,890 18.67 15,253 8.12 Professionals 78,098...
- Research articles 2006-03-01
- Deferred prosecution agreements: implications for corporate tax departments
- Tax enforcement is back in vogue. In the past few years, the Internal Revenue Service has dramatically ramped up its compliance functions. The budget for tax enforcement has increased, additional agents are on board, and the tax community is witnessing an increase in examination, tax litigation, and criminal investigation activity....
- Research articles 2006-01-01
- The 10 worst corporations of 2005.(Cover story)
- BP Delphi Dupont ExxonMobil Ford Halliburton KPMG Roche Suez W. R. Grace 2005 WAS A GOOD YEAR for bad corporations....
- Research articles 2005-11-01
- Reflections on practicing tax in today's world
- Introduction Over the last five years, the Internal Revenue Service steadily has increased its emphasis on taxpayer compliance. The IRS initially targeted corporate tax shelters. The last two IRS Commissioners broadened that target by emphasizing across-the-board tax noncompliance by individuals, businesses of all sizes, and even tax-exempt entities. As...
- Research articles 2005-11-01
- US expands criminal tax case against KPMG officials
- WASHINGTON AFP — The US expanded its case of tax fraud and tax evasion against officials and lawyers of accounting giant KPMG, adding ten more names to the nine indicted earlier in the country's largest-ever criminal tax case. The Justice Department and the Internal Revenue Service accused the 19...
- Research articles 2005-10-17
- Superseding Indictment of 19 Individuals Filed In KPMG Criminal Tax Fraud Case
- WASHINGTON, Oct. 17 /U.S. Newswire/ -- The Justice Department and Internal Revenue Service IRS today announced the filing of a superseding criminal indictment in the largest criminal tax case ever filed. Nineteen individuals were charged with conspiracy to defraud the IRS, tax evasion and obstruction of the Internal Revenue...
- Research articles 2005-10-17
- Shuttering tax shelters
- KPMG has avoided the fate of Arthur Andersen by admitting to criminal tax fraud over the long-simmering issue of "abusive" tax shelters and settling with the U.S. Department of Justice in August. The government will defer prosecution and drop the case after December 31, 2006, if KPMG complies with...
- Research articles 2005-10-01
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