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Hong Kong

Companies put $221 billion into low-tax jurisdictions in 2015 – U.N.

Companies put $221 billion into low-tax jurisdictions in 2015 – U.N.

GENEVA (Reuters) – Companies put $221 billion into countries with low tax last year, chiefly Luxembourg and the Netherlands, while $72 billion of investment went into two British tax havens – the British Virgin Islands and Cayman Islands, the U.N. said on Tuesday. However, they took billions out of Luxembourg and the Netherlands in the final […]

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Hong Kong quizzes Big Four partner as audit battle broadens

Hong Kong quizzes Big Four partner as audit battle broadens

As reported in Reuters – A partner from Ernst & Young testified in the Hong Kong High Court on Wednesday, the first senior executive from one of the Big Four auditors to be cross-examined in what is turning into a global brawl pitting U.S. and Hong Kong regulators against their Chinese counterparts. Hong Kong’s Securities […]

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Hong Kong regulator takes Ernst & Young to court for work papers

Hong Kong regulator takes Ernst & Young to court for work papers

As reported in the news by Reuter’s, Hong Kong’s securities regulator, in an unprecedented move, took Ernst & Young to court after the audit giant failed to turn over accounting records related to a former China-based client. The auditor now faces the dilemma of whether to comply with the regulator’s order and risk a possible […]

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Meet Paul Raymond

Meet Paul Raymond

Mr. Raymond is a sought after speaker in tax controversy law by many attorney, accountant, and business groups and at the request of the Internal Revenue Service, has presented programs at the IRS Nationwide Tax Forum, attended by tax professionals throughout the United States.

Additionally, he continues to be an active member in the Section of Taxation, American Bar Association, where he was the Past Chair of the Employment Taxes Committee.

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Member CA Bar Member Orange County Bar US Tax Court Attorney