Accounting
UK Prime Minister David Cameron, who will be chairing the G8 2013 summit as part of the UK’s presidency of the industrialised group of nations, said fairer taxes, greater transparency and more trade would be the key themes of the meeting.
Accounting
The U.S. Department of Justice has indicted online payment processor Liberty Reserve for laundering US$6 billion in a series of global transactions, which the agency charges may be the largest international money laundering prosecution in history.
Accounting
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.
Accounting
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.
Accounting
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.