Global

Thought Leaders

Most companies buying renewable energy certificates aren’t actually reducing emissions

Accounting sustainability standards must change say academics
Taxation

Canada among low corporate tax jurisdictions as global average falls

New trend of rising rates has already begun, says international accounting network
Thought Leaders

The OECD corporate minimum tax: a disaster in the making

Allan Lanthier says it's time for accounting firms, bodies and industry groups to challenge the flaws in the OECD global corporate minimum tax plan
Thought Leaders

10 things everyone should know about taxation

Why Québec Premier François Legault’s ethically and legally questionable tax on the unvaxxed was not a tax but a levy
Profession

Canadian accountants thrilled with awarding of new ISSB disclosure standards hub

Montreal one of three global hubs for new accounting body based in Frankfurt
Thought Leaders

The Pandora Papers: How punishing tax cheats can serve as a deterrent

Punishing tax evasion enablers could also compel taxpayers to comply with tax laws, says Professor Tisha King, CPA, CGA
Thought Leaders

Will the OECD eliminate corporate tax avoidance? We’ll see

Allan Lanthier analyzes the most sweeping overhaul of global tax rules in more than a century
Profession

Sunday News Roundup 21.10.10: Pandora Papers, global tax deal, elephant tails, and more 

Wrapping up the odds and ends in this week’s Canadian accounting news
Thought Leaders

Paid millions to hide trillions: Pandora Papers expose financial crime enablers, too

Greater transparency and accountability is needed says University of Ottawa accounting professor Marc Tassé, CPA, CA
Profession

The future of auditing: why plans to sharpen up the industry could actually make it worse

Unintended consequences of UK audit reforms will hurt smaller companies and non-profits
Thought Leaders

Global minimum corporation tax rate: why the argument that it breaches EU law will probably fail

But legal argument just one obstacle towards implementation says Professor Rebecca Parry
Transfer Pricing

Common misperceptions about the G7 global corporate tax rate pact

Popping some media inaccuracies about the G7 two-pillar framework with Canadian tax lawyer and accountant David J Rotfleisch
Thought Leaders

Tooth or Consequences: The Perils of Online Tax Filing

Allan Lanthier explains a recent case in the UK Supreme Court, HMRC v Tooth, and its consequences in a Canadian context
Practice

Dealing with Canada – Challenges and opportunities for global wealth and tax planners

Rahul Sharma and Jennifer A. N. Corak of Miller Thomson LLP present three common scenarios of non-Canadian or foreign trusts where Canada's Income Tax Act rules intersect with the international wealth planning of taxpayers
Profession

How global tax dodging costs lives: New research shows a direct link to increased death rates

What is the human cost of revenue losses through tax avoidance and tax evasion?
Global

OECD Report: The role of corporations in fighting white collar crime enablers

OECD report recommends actions to battle global white collar crime accomplices
Profession

Seven Canadians in Practice Ignition 2020 Top 50 Women in Accounting

Recognizing female accounting and bookkeeping professionals globally
Profession

Federal Court takes hard look at scope of protection available to official mark

Intellectual Property Lawyer John McKeown looks at a recent Federal Court decision involving CPA Ontario and the CPA official mark
Transfer Pricing

Key takeaways from Supreme Court's termination of Cameco transfer pricing saga

The gulf will continue to grow between Canadian tax law and OECD Transfer Pricing Guidelines, says Steve Suarez of Borden Ladner Gervais LLP
Profession

Business valuation, climate change guide published by CPA Canada, A4S partners

The A4S Essential Guide to Valuations and Climate Change is part of The Prince of Wales’s Accounting for Sustainability Project
Transfer Pricing

Transfer pricing in the time of COVID-19

How the consequences of COVID-19 impact TP reporting and compliance is complex, say Claire M.C. Kennedy and Hennadiy Kutsenko of Bennett Jones
Business

Corporation tax: ‘race to bottom’ may be ending after 40 years — here’s why it never made sense

The Canadian corporate tax rate follows decades-long global pattern of reduction
Practice

CRA moves forward with international audits despite continued backlog

Despite the current pandemic, Canada continues to combat international tax evasion, reports Elizabeth Egberts and Laurie Goldbach of BLG
Business

Annual reports should inform society — not only those with a financial interest

Climate accounting standards an example of societal impact, explains Financial Accounting Professor Alan Jagolinzer
Business

COVID-19: The economic wildcard of the Biden Administration

Canadian accounting, economic experts say COVID-19 will determine U.S. economic stimulus and recovery