Now in its tenth year as part of the World Bank Doing Business project; Paying Taxes is a unique study which investigates and compares tax regimes across 189 economies, ranking them according to the relative ease of paying taxes. The report is expected to be a catalyst for discussion with tax authorities, governments, and businesses about tax systems and how they can be reformed. Singapore ranks 5
Confidence among CEOs in Asia Pacific continues to get stronger, a new report by PwC finds. 46% of executives in the region now say they are “very confident” of growth in the next 12 months, up 10 points from 2012 and 4 points from last year, despite slowing growth in China. Study also finds China, US, Indonesia, Hong Kong-China, Singapore top investment destinations.
Professional services firm PwC has emerged as Singapore’s Most Popular Employer among local students and university graduates for the fourth consecutive year, according to an annual survey of over 7,100 university students. PwC Singapore was awarded Graduate Employer of the Year, Top Employer in the Accounting & Financial Management and Consulting sectors.
PwC and Google Inc. (NASDAQ: GOOG, GOOGL) today announced the launch of a joint business relationship to bring new and innovative services to companies around the world. The rapid pace of innovation in technology has fundamentally changed how and where work gets done, driving organizations to transform their businesses for the future. Together, PwC and Google can help that transformation happen.
Family businesses must adapt faster, innovate sooner and become more professional in the way they run their operations if they are to remain successful. These are just some findings of the latest PwC survey of 2,378 family business executives in more than 40 countries worldwide. The report, titled Up close and professional: the family factor, is PwC’s seventh survey of family businesses globally.
PwC’s 2014 global treasury survey looks at how, in the years following the financial crisis, treasury teams have increased their impact across the organisation. The survey findings support the need for redefining ‘treasury’ as an enterprise wide process and no longer as a department, in line with those from a similar survey embarked on earlier this year that focused on Corporate Treasuries in Asia
Landmark analysis report titled Towards more relevant reporting finds that annual reports of many companies in Singapore already have some components required by the Integrated Reporting (<IR>) framework such as information about strategy, business model and risks, but they would need to link these elements better to holistically communicate a more relevant value creation story to stakeholders.
PwC has published 'Worldwide Tax Summaries - Corporate Taxes 2014/15,' its latest compendium of worldwide corporate tax rates and rules. The guide features over 150 country summaries,including key information on income taxes, residency, income determination, deductions, group taxation, credits and incentives, withholding taxes, indirect taxes, and tax administration.
The BEPS project marks the most significant change to international tax in modern times. Today's announcements will have a big impact on global companies, whether through greater compliance demands or impacting how they are structured. Despite many expecting the proposals to be watered down to achieve consensus, the first part of the OECD's ambitious package has been delivered on time and intact.
Economic crime against businesses continues to rise globally. Some 24% of Singapore respondents say they have been victims of economic crime, according to the Singapore edition of PwC's 2014 Global Economic Crime Survey. 80% of Singapore-based companies experiencing economic crime encountered asset misappropriation, 15% fell victim to cybercrime and 15% experienced bribery and corruption.
