US Supreme Court struggles with e-commerce sales tax case

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US Supreme Court struggles with e-commerce sales tax case

WASHINGTON (Reuters) – The U.S. Supreme Court on Tuesday appeared hesitant to let states force out-of-state online retailers to collect sales taxes on purchases, with some of the justices saying Congress would be best suited to resolve the matter.
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When is an entertainment an expense?

The tax rules related to meals and entertainment have changed, and left some uncertainty in the gap between the old law and the new. Before the Tax Cuts and Jobs Act, the deduction allowed for entertainment expenses was limited to 50 percent of the amount otherwise deductible. Under the TCJA, the
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Autonomy pulled wool over Brit finance panel's eyes, US court told

The FRRP “investigates departures from the accounting requirements of the Companies Acts and is empowered to take legal action to remedy any such departures,” according to the Oxford Reference Dictionary. It takes a close look at large companies' accounts if complaints are made to it; its members
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Airports are Using 'Smart Glass' to Make You Spend More

There are many depictions of a future in which we've mastered the art of manipulating the opacity of glass. Even in real life, sunglasses can adapt to the intensity of sunlight. So why, one might ask, can't we have that in our homes, or at work? The wait may soon be over. The tinted world of tomorrow is
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BPAM, RAM solutions to meet new accounting standards deadline

KUCHING: Bond Pricing Agency Malaysia (BPAM) officially joined forces with RAM Ratings to deliver BPAM-RAM MFRS 9 solutions package. A major change that took place globally in 2018 is the implementation of the new IFRS 9 financial accounting standard. IFRS 9 introduces a new approach to the
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