Birds, reptiles and beetles are popular pets in Japan; people in Australia adopt sick, injured or orphaned wallabies; and crickets are among popular pocket pets in China. Dogs and cats are still the most popular pets worldwide, but rabbits are gaining ground.
Find out how to work around the new Sec. 4960, which imposes an excise tax on tax-exempt organizations that pay excessive compensation to certain employees.
Companies are scouring the new tax law for optimal strategies, with one focus being the base erosion and anti-abuse tax and its interaction with cost of goods sold. "The COGS loophole for BEAT is a straightforward gimmick, but I am unsure how or whether the IRS will stop it," said Steven Rosenthal of the Urban-Brookings Tax Policy Center.
Pettitt was group financial controller and will be interim group CFO until Jonny Mason becomes CFO.
"Unsure about what to expect from [this] week's launch of the General Data Protection Regulation (GDPR)?" writes IIA Vice President of Stakeholder Relations Jim Pelletier in his latest blog. "You aren't alone." Research firm Gartner predicts that by the end of 2018, more than half of companies affected by GDPR will not be in full compliance, Pelletier writes.
The AICPA Accounting and Review Services Committee has issued Statement on Standards for Accounting and Review Services No. 24, which revises reporting requirements for compilations and reviews.
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