Please ensure Javascript is enabled for purposes of website accessibility
September 30, 2023

Footnotes: California Tax-a-Thon Continues; A Calpers Story You Can Read; Argentina Upset With HSBC | 03.19.13

Argo, tax style: Fake movie made in attempt to hide tax fraud [Don't Mess With Taxes]

Jury indicts former Calpers CEO for fraud scheme A non-subscription link to the WSJ story Colin included in this morning's ANR for those of you too lazy to Google the headline to get to the WSJ story without a subscription [Reuters]

California businesses fuming over retroactive $120M tax grab [Fox News]

American Airlines defends $20-million severance pay to CEO [LA Times]

Payment options suggested as 38 Studios' taxpayer bill comes due The taxpayer bill is coming due for the state's doomed $75 million investment in retired Red Sox pitcher's Curt Schilling's failed video-game venture 38 Studios. Governor Chafee's proposed budget for the year starting July 1 contains an initial $2.5 million payment to the bondholders, with the rest coming from a reserve fund created when the $75 million was issued. The ill-fated investment will cost taxpayers $12.5 million a year for seven years, starting in the budget year that begins July 1, 2014, according to testimony to the House Finance Committee on Tuesday.[Providence Journal]

Florida man arrested for fraud in run-up to Facebook IPO [CNN Money]

Industry Urged: 'Don't Panic' on Accounting Records Draft This might put a small wrench in your plans to hide all your money in the Bahamas. [Tribune 242]

Argentina Accuses HSBC of Evading Taxes & Laundering Money [Fox News Latino]

Latest Accounting Jobs--Apply Now:

Have something to add to this story? Give us a shout by email, Twitter, or text/call the tipline at 202-505-8885. As always, all tips are anonymous.

Related articles

Funny white cat-an athlete in a yellow sports headband, lying with yellow footballs, dumbbells and a yellow alarm clock standing nearby.

Monday Morning Accounting News Brief: PwC Is Turning Work Down?; TIL the President of Nigeria Worked at Deloitte | 9.11.23

Yay it’s Monday again! Praise Pacioli, there’s actually some stuff going on this morning. Meet a 29-year-old accountant whose ‘resentment’ only climbed after her firm raised her salary from $60k to $90k as she made millions for them. She has her own firm now: Stephanie Heredia’s promotion came a year too late and more than […]

Tuesday Morning Accounting News Brief: Getting Roofied at KPMG?; PwC: ‘Burnout Should Be a Concern’ | 9.5.23

Good morning and happy Tuesday. Hope everyone had a nice Labor Day, I had a productive weekend of being AFK at Meat Week (get your minds out of the gutter, it’s Fallout). Let’s get right into it. It is suspected someone spiked a colleague’s drink at a KPMG NZ get together, it isn’t the first […]