The lower corporate rate, foreign dividend exemption and foreign derived intangible income make the US a more attractive location for foreign investments, but there are potential downsides for global businesses, say Craig Hillier, international tax services leader at EY

Deloitte is facing a class action from Dutch law firm BarentsKrans, which is bringing legal proceedings on behalf of shareholders in Steinhoff International Holdings, owners of Poundland, after the South African company’s share price was hit by news of accounting irregularities

As the largest firms continue to feature in the latest Stonewall workplace equality index of top employers supporting LGBT employees, ICAEW is calling for more accountancy practice, particularly smaller firms, to join their ranks

Paul Flint, associate partner, and Paul Dumbell, director from KPMG’s restructuring team have been appointed joint administrators of Pinnacle Student Developments (Liverpool) Ltd, a building developer which has failed following the collapse of one of its main contractors

The General Data Protection Regulation (GDPR) is due to replace existing data protection laws across the EU in May 2018, changing the way data storage and usage is governed and introducing harsh penalties for non compliance. Martin Hodgson of Croner-i Business Essentials looks at the differences between GDPR and current data protection law

Specialist tax relief firm Catax has acquired Fast Track, a leading R&D tax credit consultancy, for £2.5m in a deal which gives the company its first London base

In a record year for firms as fee income surges towards £15bn, profitability is being squeezed and smaller firms are at risk. Philip Smith analyses the latest financial results, profitability, growth areas and considers the key trends to watch

Premier League football clubs have hit a new spending record in the latest transfer window, according to analysis by Deloitte which says total expenditure this January is the highest ever at £430m

The Ministry of Defence (MoD) could be facing a £20bn shortfall in the cash it needs to equip the armed forces for the next decade according to a report from the National Audit Office (NAO), which says its plans are not affordable and is scathing about the department’s forecasting and budgeting

MPs are to scrutinise the lending market for SMEs and whether they have enough support in dealing with larger companies, with two new inquiries announced by select committees

In the latest career development updates, Grant Thornton sees digital forensics and tech investment as key for 2018, small talent pool reason for lack of senior women, RSM reports 9% increase in fee income

Despite signing up to government commitments to prompt payment, HMRC is getting slower at paying suppliers and organisations, its most recent data reveals