Ernst & Young still out in front

In a year of steady growth in tax revenues, Ernst & Young has retained its leadership of the rankings. Price Waterhouse still gains a higher proportion of revenues from tax than the other firms. International Tax Review compiled a break-down of the worldwide tax revenues of the Big 6 accounting...

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Bibliographic Details
Published inInternational tax review Vol. 6; no. 5; p. 8
Main Author Crossman, Alex
Format Magazine Article
LanguageEnglish
Published London Euromoney Institutional Investor PLC 01.05.1995
Subjects
Big Six accounting firms
Compliance
Financial instruments
International operations of accounting firms
Market segments
Ratings & rankings
Revenue
Statistical data
Tax planning
Tax returns
Tax revenues
Transfer pricing
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Summary:In a year of steady growth in tax revenues, Ernst & Young has retained its leadership of the rankings. Price Waterhouse still gains a higher proportion of revenues from tax than the other firms. International Tax Review compiled a break-down of the worldwide tax revenues of the Big 6 accounting firms. Each firm has its own definition of what to include in tax revenues, but the sort of work that earns revenue is changing for all firms. Corporations of a certain size have found it more economical to prepare their own tax returns and not outsource compliance. The shift in focus by the Big 6 has been toward tax consultancy.
ISSN:0958-7594