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 VIRTEU 

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News from the Research Team

CORPORATE INCOME TAX GAP IN POLAND

July 9, 2020 

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 

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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