Jnet Client Newsletter 

Jnet is the bilingual newsletter of KPMG's Global Japanese Practice in the United States. Published since 1997, Jnet is issued quarterly to update you on audit, accounting, tax, and other business issues relevant to Japanese companies operating in the United States. 

 

Current Issue - Issue 2, 2014 

 

KPMG Helps Large Multinational Corporation Prepare for Tax Transparency Reporting

As businesses reach out across the globe seeking new markets, their tax policies and the amount of tax they pay are coming under increasing government, media, shareholder, and public scrutiny. With no signs of abating, the call for greater international tax transparency—spearheaded by an Organisation for Economic Co-operation and Development (OECD)-coordinated initiative surrounding base erosion and profit shifting (BEPS)—is being echoed around the globe. As a result, the debate is heating up on topics of corporate social responsibility, tax governance, enhanced transparency with tax authorities, and "fair share" tax accountability. More 

 

Cross Border Investigations – Are You Prepared for the Challenge?

Conducting cross-border investigations is no simple endeavor. Add the complexities of legal and cultural differences, and you have arguably one of the biggest challenges facing global corporations today. There are obstacles at every step of a cross-border investigation, including initially receiving a claim or allegation; complying with foreign data privacy laws; using the appropriate staff and resources; respecting diverse employee rights; and remediating across borders. Understanding where the pitfalls are along the way and how to navigate them can help you avoid critical missteps. More

 

Auditing & Accounting Update

In this section, we provide brief updates on regulatory developments in auditing and accounting that may impact Japanese companies in the United States. More

 

Tax Update

In this section of Jnet, we provide brief updates on legislative, judicial, and administrative developments in tax that may impact Japanese companies operating in the United States. More