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CFO news

Build Back Better Outlook. Congressional Democrats are still hoping they can pass some version of the Build Back Better Act (BBBA), the budget reconciliation vehicle to advance some of...

From 1 July 2023 the UAE will introduce its first ever federal corporate income tax (CIT), effective across all seven individual Emirates.

From 1 July 2023 the UAE will introduce its first ever federal corporate income tax, effective across all seven individual Emirates. Most UAE companies have little experience of corporate income taxation but time is now short.

This article provides a general overview of the law and practice surrounding transfer pricing in Switzerland, including broader taxation issues and the outlook for future developments.

Poland wants to see all of the international taxation reforms implemented, not just the global minimum corporate tax, but most of all it wants the digital giants to be taxed, the country's finance minister has said.

In a speech in Rehoboth Beach, Delaware, on June 3, President Joe Biden acknowledged that deficits contribute to inflation, when he stated, “Reducing the deficit is another way to ease inflation.” Unfortunately, instead of a call to rein in spending, the president’s speech was a call for more taxes.

[This piece has been published in Restoring America to highlight how Biden's proposed tax hikes would exacerbate the inflation crisis.]

KPMG experts look into the issues related to BEPS 2.0 from tax leaders globally, along with practical steps to address these concerns.

To tame the inflation dragon, however, fiscal policy must focus on reducing runaway federal spending, not on raising taxes on businesses.