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By Daniel Goelzer
An SEC Administrative Law Judge issued an initial decision suspending the Chinese affiliates of the Big Four accounting firms from practicing for six months.
By Scott Brandman, Sahang-Hee Hahn, Pat Powers
The San Francisco Superior Court recently denied Microsoft Corporation’s ("Microsoft"), claim for refund of over $30 mil in franchise (income) taxes plus applicable interest and penalties imposed by the California Franchise Tax Board ("FTB").
By David Zaslowsky, Lawrence Newman
Assume a situation in which Party One in foreign country A asks his local bank to make a payment to the local bank of Party Two in foreign country B. Assume further that this transaction has absolutely nothing to do with the United States.