Browsing: Tax and Accounting

Tax and Accounting

Three years after it was issued—and amid numerous congressional hearings, a mandate for the Treasury Department to study its economic impacts, and recent regulator calls for reconsideration—the CECL accounting standard became effective for most large banks on January 1, 2020.

Mutual Banks

The American Bankers Association, the International Banking Federation and other trade organizations wrote to the Organization for Economic Co-operation and Development and European Commission today highlighting various compliance challenges related to tax withholding rules and procedures in connection with cross-border transactions during the coronavirus pandemic.

1 2 3 32