Over the last year or so there has been widespread debate about IFRS (International Financial Reporting Standards) replacing US GAAP (Generally Accepted Accounting Principles), but how close are we and what does it really mean? Are we really about to see a single worldwide accounting standard applied in every major market?
IFRS - One world, one standard – almost a reality?
- Spain, Belgium and Japan all tax more than 10% on house purchases
- Pressure to increase property taxes to address costs of coronavirus
- Homebuyers in the US pay virtually zero tax
We welcome Morales, Tellez & Asociados CÍa Ltda, our new member firm in Nicaragua, to the global accountancy network UHY, extending our coverage within the Central Americas region.