Companies
Apple pays a fair share of the taxes it owes the U.S. and other nations, its CEO said Tuesday, despite criticism from U.S. senators that the company is ducking taxes by shifting profits to subsidiaries that the company does not consider tax residents of any nation.
Companies
Tim Cook's taking on the tax man. On Tuesday, the Apple CEO will appear before the U.S. Senate's permanent Subcommittee on Investigations to discuss that body's look into multinational companies and how they pay taxes. As a special preview to those who really can't wait to hang on Cook's every word, Apple on Monday released its head honcho's testimony.
Governance
Improving cash visibility is the top priority for treasury departments across the Asia-Pacific yet technology adoption remains inadequate, according to the first-ever regional survey of the treasury function.
Accounting
The federal government has deferred a $1.59 a week tax cut, which was due to start in 2015, because of the falling global carbon price.
Companies
Despite having US$145 billion in the bank, Apple has decided to reach out to the debt market to offer $17 billion in bonds in order to pay money back to investors. Why would Apple need to go to such lengths and what does it mean to investors? We answer your questions.
Companies
KPMG has welcomed the release of the International Integrated Reporting Council’s (IIRC) Draft Integrated Reporting Framework 2013, claiming it represents a significant step towards reporting business value.