article thumbnail

What oil and gas companies need to know about taxation worldwide

ThomsonReuters

Lease sales: Expands the ability of oil and gas companies to obtain leases for drilling on public land in states such as Alaska, Colorado, Montana, New Mexico, Nevada, and North Dakota, as well as U.S.-controlled controlled waters in the Gulf of Mexico. Some expected changes did not end up in the final bill, however.

article thumbnail

Friday Footnotes: Florida Man’s Tax Problem; Accountants Are Walking Out; BDO Assures on Tether | 2.10.23

Going Concern

The gap came in part from supplier financing that wasn’t reflected the right way in the company’s financial statements, which have been audited by PwC since 2019.

article thumbnail

Monday Morning Accounting News Brief: EY Partners Banging the Client Again; Turnstile Data Shows Staff DGAF About RTO | 1.29.24

Going Concern

has hired KPMG LLP to vet its financial statements almost three months after its auditor of 28 years quit amid a tumultuous period for the food storage container business. While going through the client’s belongings, the accounting firm discovered the painting, which was appraised to be original artwork that was stolen in 1969.