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Alvarez & Marsal (A&M) announced today the successful completion of a refinancing for Vertex Resource Group Ltd. (“Vertex” or the “Company”). Headquartered in Sherwood Park, Alberta, Vertex is a leading North American provider of environmental and industrial services, employing over 450 staff.

I vividly recall the moment in the summer of 2014 while attending a CPE event at the Miami Marlins Park. Sitting in a room of primarily controllers and chief financial officers, those on the front lines of what was about to come, it became clear that we were in for a heavy dose of CPE on a newly issued U.S. GAAP standard on revenue recognition for customer contracts.

The main change of CbCR requirements that will impact the reporting and compliance burden on U.K. companies relates to the additional notification requirement. This change is in line with the OECD Model and the EU Directive on Administrative Cooperation (2011/16/ EU, or DAC4) on mandatory exchange of information. It will possibly not be welcomed by companies as it creates an additional deadline outside the annual selfassessment return process, even though the actual notification will probably be identical for later years for most companies.

If the Trump Administration believed tax reform to be an easier initiative than health care, the last few weeks have been a rude wake up call.

在中国设立的金融机构需要履行尽职调查流程，以识别非居民持有的特定金融账户，并将 所识别出的非居民特定金融账户信息报送至中国税务机关