AJ Galdeano Consulting will become part of Ernst & Young, the EY member firm in Brazil, expanding the Big Four firm's tax services in accounting compliance and reporting, as well as business process outsourcing, in the region.
The US Treasury Department and the Internal Revenue Service (IRS) are to extend the time that certain transitional rules will apply under the Foreign Account Tax Compliance Act (FATCA), in response to worries from foreign financial institutions (FFIs) and withholding agents about how the gradual withdrawal of the rules will affect their ability to comply with the legislation.
EY has upgraded its information reporting capabilities in US by hiring John Staples, managing partner of Burt, Staples & Maner, and his colleagues from the same firm. Staples and his team focus on information reporting and withholding (IRW). He will have the title of EY global IRW markets leader.
Top multinationals have contributed to a discussion document on what UK taxpayers should think about when disclosing information about their tax affairs.
China and Taiwan have agreed a double tax treaty after talks between the Taipei-based Straits Exchange Foundation (SEF) and Beijing-headquartered Association for Relations Across the Taiwan Straits (ARATS).
