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VIRTEU
News from the Research Team
CORPORATE INCOME TAX GAP IN POLAND
July 9, 2020
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The Polish Economic Institute has published the Polish corporate income tax (CIT) gap report for 2014-2018. The report highlighted that, although in 2014–2018 the CIT gap dropped by half, enterprises’ artificial profit transfers abroad is a growing problem.
News from the World
RESOLVING THE CONFLICT OF INTEREST AT THE BIG FOUR
July 7, 2020
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In its "principles for operational separation" of the audit practices of the Big Four, the Financial Reporting Council (FRC) is asking the four largest accounting and auditing firms to separate their auditing divisions from the rest of their operations by June 2024.
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