IBM has agreed to pay the SEC $2.9m over the allegations.
According to reports, PwC and IBM cooperated separately in the SEC
investigation and won’t face further litigation on the matter.
The SEC had alleged that IBM and PwC knowingly solicited and made payments to
a number of companies with whom they have global alliances.
Both companies have denied the kickback allegations, and said the settlement
is not an admission of guilt.
Does Darwin's theory apply to taxation? Colin ponders...
The EC has been instructed to draft a European Union (EU) directive authorising an EU financial transaction tax, which would apply to ten of the EU’s 28 member states
Accountancy watchdog the FRC has dropped its investigation into the former chief financial officer of Tesco, nearly two years after the supermarket was engulfed in an accounting scandal
Colin imagines how Apple's logo might change in the wake of the EC's ruling over its Irish tax arrangements