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At a glance The main takeaway: Notice 2023-55 provides a reprieve from many elements of certain foreign tax credit regulations. Impact on your business: Taxpayers may choose to apply more favourable prior foreign tax credit regulations, including on a retroactive basis. Next steps: Aprio’s International Tax team can help multinational companies navigate complicated foreign tax credit rules in an effort to relieve a double tax burden on foreign source income.

Auditing firms play a pivotal role in helping companies set, measure, and monitor their Environmental, Social, and Corporate Governance (ESG) goals. As ESG considerations become increasingly critical for businesses, investors, and stakeholders, auditing firms can provide valuable expertise and assurance in the following ways:

8 Ways to achieve to achieve a strong relationship between sustainable finance, accounting and your business

In the heart of the Middle East and North Africa (MENA) region lies Kuwait, a country with a burgeoning reputation as a hub of innovation and technological advancement.

In a world that often seems focused on individual gains, it's heartening to witness the remarkable efforts of businesses that are actively contributing to positive change within their communities.

Every organisation has the responsibility to add value with the service or product that they provide to their clients. But there is a deeper sense of responsibility that arises once the company has become profitable and efficient. That sense of deep responsibility comes from knowing that what we do in the firm, can do much more than just satisfy a need, it can become a means to transform the lives of all stakeholders.