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September 28, 2023

Accounting News Roundup: Farewell to the Double Irish?; Another Development in Another OT Lawsuit; “Accredited Investor” Could Use an Update | 10.13.14

We're observing Canadian Thanksgiving so we'll be on an abbreviated schedule today. If you see anything worth our attention, email us at [email protected]. Back to full speed tomorrow.

Ireland Considers Closing Corporate-Tax Loophole [WSJ]
Double Irish inventor Feargal O'Rourke seems a little sad, "
Tax experts say they expect the country will announce the Double Irish will be phased out, possibly through changes or future changes to the country’s tax resident rules. 'All the signals we are getting are that it is happening this year,' said Feargal O’Rourke, head of tax for PricewaterhouseCoopers in Dublin."

PwC US Names John W. Stadtler as Leader of Financial Services Practice [PwC]
Succeeding James Flanagan who is becoming the East Region Vice Chair.

Meanwhile, at the NACD Board Leadership Conference:

9th Circ. Won't Recertify Deloitte Workers In OT Fight [Law360]
If you're keeping score on James Brady, et al. v. Deloitte & Touche, this update came out last Thursday. It's mostly technical legal mumbo jumbo. 

SEC Panel Urges Update of ‘Accredited Investor’ Standard [CFO]
The standard was written in 1982.

Woman Finds Three-Inch Leech Living Inside Her Nose [Gawker]

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