“A new breed of global competitors” by Cirilo P. Noel (November 7, 2011)

In any business, understanding the competition is a vital part of corporate strategy. This is of particular importance now, considering the tremulous state of global markets.

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“The balance is shifting” by Cirilo P. Noel (October 31, 2011)

The world is constantly changing, characterized by the volatility and unpredictability of today’s complex business environment. Recent global events have placed the world economy at a turning point.

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“Avoid surprises on deferred income taxes” by Lucy L. Chan and Armin F. Tulio (October 24, 2011)

Given that current income tax has an immediate impact on an entity’s cash flows, companies have traditionally focused their resources on the computation of current income tax, compliance with income tax rules and regulations, tax planning and strategizing, among others.

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“Expatriation: Sometimes, the cure is worse than the disease (2nd of 2 parts)” by Ken Meissner (October 17, 2011)

In last week’s article, we introduced Section 877A of the US Internal Revenue Code (IRC), which imposes an “exit tax” on people who cease being US taxpayers on or after June 17, 2008. We continue the discussion on specific rules that US citizens or long-term residents will have to face should they wish to cease being US taxpayers.

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“Expatriation: Sometimes, the cure is worse than the disease (1st of 2 parts)” by Ken Meissner (October 10, 2011)

In the classic American folk tale, Bre’r Rabbit and the Tar Baby, Bre’r Rabbit finds out that, having once touched the Tar Baby, it’s just about impossible to let go.

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“Judgement in accounting for joint arrangements (part 2)” by Martin C. Guantes (October 3, 2011)

In last week’s article, we introduced the recently issued accounting standard, Joint Arrangements (International Financial Reporting Standards, or IFRS 11), which takes effect for annual periods beginning on or after Jan. 1, 2013.

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“Judgement in accounting for joint arrangements (part 1)” by Martin C. Guantes (September 26, 2011)

The International Accounting Standards Board (IASB) recently issued a new standard — IFRS (International Financial Reporting Standards) 11 Joint Arrangements — which takes effect for annual periods starting Jan. 1, 2013.

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