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November 29, 2022

Accounting News Roundup: KPMG Reviewing Services It Provided to FIFA; The Poisonous Workplace; Sex Tax | 09.21.15

Kickstarter Focuses Its Mission on Altruism Over Profit [DealBook]
Its founders say, "We don’t ever want to sell or go public. That would push the company to make choices that we don’t think are in the best interest of the company."

KPMG reviews Swiss auditing unit over FIFA – newspaper [Reuters]
A Swiss paper reports that KPMG International will look at "services the Swiss unit performed for FIFA."

Bypassing downtown, Pricewaterhousecoopers opens North Central San Antonio office [SABJ]
"We selected the area because, for us, the people we hire are millennials."

A Toxic Work World [NYT]
Anne-Marie Slaughter argues that the workplace is still designed for the Mad Men era, that "workplaces do not fit the realities of our lives."

Attributes that can help and hinder a CFO's chances at becoming a successful CEO [BI]
Good stuff includes: detail conscious and objectivity. Bad includes: rule following and doesn't like selling.

The Biggest Loser of the Presidential Campaign So Far: the State and Local Tax Deduction [Tax Foundation]
Tax plans from Bush, Christie, Clinton, Huckabee, Paul and Rubio would all eliminate the SALT deduction.

Sex tax? [RT]
A Kazakh Muslim leader's proposal "may or may not have been a joke" but Murat Telibekov outlined a number of possible levies on coitus: 

Under the proposal, the cheapest you can pay is about $1, if you're married and a Kazakh. This includes a 50 percent discount if at least one of you knows the state language. However, that is only if you do it the 'traditional' way and for no longer than 14 minutes.

From there, the tax only grows: If you and your partner are in a long-term relationship, but not officially married, it's about $2.50 (again, this and any other price on the list can be cut in half if you know Kazakh).

A one night stand will cost you a base fee of almost $7.

If you're gay, the proposal sets the tax at some $10.

A "non-traditional" sex act: $18. It gets more interesting from there.

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