DMCL Adds New Partner

Moore Stephens North America member firm DMCL Chartered Accountants is pleased to welcome Don Furney, CPA, CA to the partnership.  Don joins our 10 member tax department as a tax advisory partner with particular emphasis on international tax planning for our multinational clients; corporate structuring and reorganizations and tax planning for our high tech clients.    Don brings more than thirty years of experience in Canadian and international tax for public and privately held companies and their shareholders in a number of industries, including real estate, technology and digital media, consumer and industrial products, and shipping.  He has extensive experience advising on Canadian inbound and outbound tax structures with particular emphasis on U.S. and Asian businesses and entrepreneurs investing in Canada

Moore Stephens urges changes to UK tonnage tax

Moore Stephens has made representations to Her Majesty’s Revenue & Customs (HMRC) about changing the way in which the written-down values of vessels are calculated under the UK tonnage tax rules, which it considers are not realistic in terms of their interaction with the capital allowances regime.