Menu

More News

Thursday's Daily News Digest
July 21st, 2011
Continue Reading
News Corp's Latest Hire Reveals More FCPA Entanglement
July 20th, 2011
The News Corp. phone-hacking and bribery scandal has developed quickly, every day bringing more stories of investigations, arrests, or pie-wielding British comics.  It's easy to get overwhelmed by the tide of details and lose track of the big issues.  In the United States, the investigation has taken an interesting turn, casting a foul light on lobbying efforts to undermine American anti-bribery legislation. On July 15, the Department of Justice confirmed an investigation into the News Corp. scandal.  In addition to investigating up to 4,000 alleged incidents of phone hacking, it appears that News Corp. bribed British police officers....
Continue Reading
Spot the problem: The EU recruits Multinational Accountants Price Waterhouse Coopers to address transfer pricing challenges in developing countries
July 20th, 2011
Recently The European Commission published a report entitled “Transfer pricing and developing countries,” which is meant to assist these countries with addressing the problem. Transfer pricing is the single biggest source of illicit financial flows in the world costing developing countries hundreds of billions of dollars every year. While an assessment of the impact of transfer pricing in developing countries is sorely needed the report was narrowly focussed on the implementation and interpretation of the arms length principle. The arm’s length principle, promoted by the OECD that has proven to be very difficult to implement globally...
Continue Reading
Wednesday's Daily News Digest
July 20th, 2011
‘Remove incentive to keep money in tax havens’ Hindu Business Line, July 19, 2011 News Corp faces potential US probe over alleged payments to UK police officers The National, July 20, 2011 Murthy backs strong Lokpal; says graft undermines GDP growth India Today, July 20, 2011 India seeks global help to curb laundering-report Trustlaw, July
Continue Reading
Follow @FinTrCo