Corporate Finance

Finance Roundup for Executives

Be informed, get involved, and shape the world through finance.
Kerry MarunaFebruary 2, 2016

The Latest Headlines from CFO

With corporate tax avoidance a hot issue in the United States and Europe these days, it’s no surprise that a recent $185 million settlement for taxes going back to 2005 between the British government and Google has proved highly contentious. Members of the political opposition have denounced it as “derisory” and a “sweetheart deal.”

Yet European regulators are set to ban an accounting arrangement that, new research suggests, actually inhibits corporate tax aggressiveness of the kind brought to light in the Google case.

Read: “Should Your Auditor Prepare Your Tax Return?”

A Better Way to Do Ecommerce

A Better Way to Do Ecommerce

Learn how Precision Medical leveraged OneWorld to cut the cost of billing in half and added $2.5M in annual revenue.

IMF Changes Rules to Avoid Large Bailout Loans

The fund now has the option of short-term debt ‘re-profiling’ for countries whose bailout needs exceed normal IMF borrowing levels.

 

Should Your Auditor Prepare Your Tax Return?

While regulators frown on a company’s auditor handling its taxes, new research suggests that such concern is unwarranted.

 

Knee-Deep in Escheat? How to Protect Your Bottom Line

States are vigorously enforcing unclaimed property laws, which could pose a financial hit for unprepared companies.

 

Consumer Spending Unchanged in December

The Federal Reserve’s “favored inflation measure” missed the central bank’s 2% annual inflation target for the 44th month in a row.

 

Chinese P2P Lender Accused of $7B Ponzi Scheme

The Ezubao online lending platform allegedly bilked nearly one million investors, raising concerns over confidence in the security of such investments.

 

Stryker to Buy Sage Products for $2.78 Billion

The deal gives the medical device maker a portfolio of products aimed at preventing “never events” such as hospital-acquired infections.

 

SAP Fined $3.7M Over Panama Bribery Scheme

The SEC alleges the software vendor’s flawed internal controls enabled a former VP to bribe a Panamanian government official.

 

Electronic Music Promoter SFX Files Chapter 11

The filing apparently marks the end of founder Robert Sillerman’s dream of creating a media empire based on electronic dance music festivals.

 

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