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Daily News

Below please find daily updates pertaining to the latest in financial, business, and tax news:

Pittsburgh Business Times

Romoff thanks UPMC employees for their efforts in pandemic

Thu, Dec 03, 2020

UPMC on Thursday released a video message from President and CEO Jeffrey A. Romoff thanking UPMC's 91,000-strong employee base for their efforts for patients and the health system during what he called a challenging 2020. It was a rare appearance for Romoff, who rarely appears on camera and declines most interviews. UPMC told the Business Times that the 2 minute 20 second message was filmed ea...

Best Places to Work 2020: Q&A with David Straight of NFP, the small company category winner

Thu, Dec 03, 2020

The company has won the top spot in the small-size category for Best Places to Work four times in past years. ...

Best Places to Work 2020: Small company category rankings — see which companies topped the List

Thu, Dec 03, 2020

The Pittsburgh Business Times on Thursday announced the rankings of the 2020 Best Places to Work during an online virtual event. ...

Best Places to Work: Q&A with Helen Lemmon of Ryan, the medium company category winner

Thu, Dec 03, 2020

Helen Lemmon, principal of client services at Ryan, which ranks as the No. 1 Best Place to Work among medium-sized companies, talks about what she called an “ultra-flexible workplace.” ...

Best Places to Work 2020: Medium company category rankings — see which companies topped the List

Thu, Dec 03, 2020

The Pittsburgh Business Times on Thursday announced the rankings of the 2020 Best Places to Work during an online virtual event. ...

Best Places to Work: Q&A with Richard Francis of R&R Express, the large company category winner

Thu, Dec 03, 2020

This is the third year in a row the company has won the top spot in the large company category for Best Places to Work. ...

Best Places to Work 2020: Large company category rankings — see which companies topped the List

Thu, Dec 03, 2020

The Pittsburgh Business Times on Thursday announced the rankings of the 2020 Best Places to Work during an online virtual event. ...

Best Places to Work 2020: Q&A with Scott Martin of Bentworth School District, the extra-large company category winner

Thu, Dec 03, 2020

Superintendent Scott Martin talks about the changes they've made this year and his thoughts on leadership. ...

Best Places to Work 2020: Extra-large company category rankings — see which companies topped the List

Thu, Dec 03, 2020

The Pittsburgh Business Times on Thursday announced the rankings of the 2020 Best Places to Work during an online virtual event. ...

New ownership buys GNC headquarters building downtown

Thu, Dec 03, 2020

GNC's headquarters bought by new ownership group after the retailer had exited Chapter 11 last month. ...

US Tax News

Tax-News.com: BVI Rules Out New Taxes In 2021 Budget

Tue, Nov 17, 2020

The Government of the British Virgin Islands has announced that it will seek to boost tax collections by modernizing tax administration, not by imposing new taxes. ...

Tax-News.com: Cayman Tables Law For Digital Asset Business Regime

Tue, Nov 17, 2020

The Government of the Cayman Islands has published legislation in its Official Gazette to introduce a regulatory regime for virtual asset service providers (VASPs). ...

Tax-News.com: France To Collect Its Digital Services Tax This Year

Tue, Oct 20, 2020

French Minister of Finance Bruno Le Maire has reportedly said that France intends to collect the country's digital services tax in December 2020. ...

Tax-News.com: OECD Indicates New Focus On Virtual Currency Tax Issues

Tue, Oct 20, 2020

The OECD has released a new report on countries' tax rules for virtual currencies, alongside an announcement that the Common Reporting Standard will be expanded next year to newly cover virtual currency assets. ...

Tax-News.com: Cyprus, US To Begin Exchanging CbC Reports

Tue, Sep 22, 2020

Cyprus has announced that a deal for the exchange of country-by-country reports between the territory and the US is expected to become effective and cover reporting years starting on or after January 1, 2020....

Tax-News.com: German FM Scholz Optimistic About 2020 Digital Tax Consensus

Mon, Aug 31, 2020

German Finance Minister Olaf Scholz is optimistic that an international agreement on taxing the digital economy will be reached this year. ...

Tax-News.com: UK Treasury Rules Out Digital Tax Repeal

Mon, Aug 31, 2020

The UK Government has dismissed speculation that it will repeal its digital services tax in a bid to secure a post-Brexit free trade agreement with the United States. ...

Tax-News.com: US-Swiss Agreement Published On Mandatory Binding Arbitration

Mon, Aug 31, 2020

The US Internal Revenue Service (IRS) has released the text of an arbitration agreement between the US and Switzerland, in Internal Revenue Bulletin 2020-35, published August 24....

Tax-News.com: OECD Releases New Action 14 Peer Review Reports

Fri, Jul 31, 2020

The OECD has released peer review reports reviewing nine territories' progress towards implementing the BEPS Action 14 standard, on improving tax dispute resolution. ...

Tax-News.com: US Businesses Urge Against Starting A Digital Tax 'Trade War'

Fri, Jul 24, 2020

The United States Council for International Business has called on US authorities to focus its efforts on working with other countries to arrive at an international tax solution to the digitalized economy, rather than tackling countries' unilateral responses....