New IFRS 15 revenue reporting standards update international practices for reporting revenue on bundled sales and projections, particularly effecting China and Hong Kong companies.
The OECD BEPS task force reported details of its initiatives to enforce comprehensive international transfer pricing rules on May 26, with tools for rapid implementation.
Bitcoin’s advocates often refer to it as a ‘virtual currency’, but Bitgame Labs’ CFO Andrew Meiers, and the IRS, prefer it be treated as a capital asset for tax purposes.
KPMG partner Egidio Zarrella and JP Morgan’s Asia-Pacific head of sales for treasury services Margaret Yao give their tips on transfer pricing through centralised trading centres.
The OECD orchestrated crackdown on transfer pricing is hitting corporate treasury and intercompany finance practices throughout globally and increasingly worries corporates.
China plans Beijing-Tianjin-Hebei Free Trade Zone; The People's Bank of China and Deutsche Bundesbank signed an agreement to enable renminbi clearing in Frankfurt; The Reserve Bank of India relaxes rules for smaller ...
The Reserve Bank of India eased rules for importers and exporters hedging FX exposures; The People’s Bank of China and the Bank of England signed an agreement to enable renminbi clearing; US SEC steps up confrontation...