International


The European Federation of Accountants (FEE) advises its member states to permit groups of companies to file consolidated tax returns—a practice currently not allowed in certain European nations. The FEE says it is essential that all member states endorse its proposal so none will have an unfair competitive advantage over others. ( http://mail.fee.be/website/fee_publication.nsf ) (abbreviated URL)

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How tax reform will impact individual taxpayers

Amy Wang, a CPA who is a senior technical manager for tax advocacy at the AICPA, answers to some of the most common questions on how the new tax reform law will impact individual taxpayers.