New standards to shake up tax law

Article Abstract:

The changes in income tax related accounting practice is expected with the adoption of the International Financial Reporting Standards. The tax law and financial accounting, thin capitalization, consolidation provision, controlled foreign company and investment fund measures will be affected.

Author: Leyden, Greg
Accounting, auditing, & bookkeeping, Accounting & Auditing Services, Accounting, Tax Preparation, Bookkeeping, and Payroll Services, Accounting firms, Accounting services, Taxation

User Contributions:

Comment about this article or add new information about this topic:

CAPTCHA


An accounting disservice

Article Abstract:

Service entities are trusts that employ an accounting practice's support staff, rent its premises and perform its administration tasks. Billing systems used by some service entities are considered as flawed by many accounting professionals.

Author: Timms, Roger
Services information, Services, Beliefs, opinions and attitudes, Accountants, Powers and duties, Australia. Australian Taxation Office

User Contributions:

Comment about this article or add new information about this topic:

CAPTCHA



Subjects list: Standards, Australia, Laws, regulations and rules, Accounting, Government regulation
This website is not affiliated with document authors or copyright owners. This page is provided for informational purposes only. Unintentional errors are possible.