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The Dutch government is currently working on implementing new invoice requirements.

The Foreign Account Tax Compliance Act (FATCA) is an important development in the U.S. It aims to combat tax evasion by U.S. persons holding investments in offshore accounts.

BlumShapiro merged with Sullivan & Company, to become one of the US's top 50 accounting firms by size. ParenteBeard is combining practices with Presscott Associates, a healthcare management consulting firm.