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...The profitable units, which account for three-quarters of its annual €2.6bn revenue, are now sitting in separate legal entities from its auditing business....
...Two allies — John Garvey, PwC’s global financial services leader, and Julien Courbe, global chief client officer — had their management roles taken away at the same time, according to internal communications...
...He has sent letters of complaint to the Internal Revenue Service, the Department of Labor and the Securities and Exchange Commission about ByteDance’s handling of share awards....
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...The Internal Revenue Service said on Wednesday that it was preparing “dozens” of audits of large corporations, partnerships and high-income taxpayers to see if their use of jets had been properly designated...
...Big music companies earn billions of dollars a year through royalty payments from streaming services and social media groups including Spotify, Apple and Meta....
...In the nine months to September 30 2023, Universal’s revenue rose 7 per cent year over year. In comparison, its revenue growth in the comparable period of 2022 was 24 per cent....
...By comparison, Kirkland & Ellis of the US, the world’s highest-grossing law firm, reported $6.5bn in revenue in 2022....
...Taylor added....
...Iger’s contract ends in 2026, so any internal vetting process will be protracted, and it will be hard for investors to determine how it is progressing....
...The Internal Revenue Service had temporarily stopped sending postal reminders to pay overdue tax bills, and as many as 4.7mn taxpayers could have been affected....
...The deal was one of several recent examples of buyout firms investing in the professional services industry....
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...In 2020 the government shifted from a franchised system to one of management contracts, in which it took on revenue risk and became far more prescriptive about the services required from operators, who in...
...Jack Howell, one of Dorrell’s early recruits, is now co-president alongside Luke Taylor, another Macquarie veteran....
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...In addition, reforms have introduced new friction, Balkanising service delivery in ways that does no one any favours....
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