The Chairman and Deputy Chairman of KPMG in Canada have resigned following weeks of controversy involving the firm. J Spencer Lanthier and D Hugh Bessell were closely involved in negotiations that would have led to the merger of the Canadian branch of KPMG with big five rival Arthur Andersen. When the merger broke down, the two felt that they had no option but to resign.
Unlock this content.
The content you are trying to view is exclusive to our subscribers.
Tax controversy specialist Matthew Sharp’s switch to Brown Rudnick follows hot on the heels of US counterpart Skadden’s appointment of a new London tax disputes head
Led by international law firm Hughes Hubbard, SKAT was awarded $500 million in damages after several defendants were convicted of fraud, negligence and unjust enrichment
Recent ATO guidance on how companies can demonstrate arm’s-length funding highlights how it is ‘one of the most transparent tax authorities in the world’, one adviser tells ITR
The proposed Block TP Assessment could provide taxpayers with long-term arm’s-length price certainty and reduce admin headaches, Sanjay Sanghvi of Khaitan & Co writes