ASTHOM PARTNERS Welcomes UK-based Greenback Alan LLP as a New Member

ASTHOM PARTNERS Welcomes UK-based Greenback Alan LLP as a New Member

~ Providing Services Across 13 Countries and 35 Locations Worldwide ~

On June 19, 2024, the UK accounting firm Greenback Alan LLP (HQ: Spa Road, London; Managing Partner: Stephen Dabby) joined the global accounting network “ASTHOM PARTNERS”. With this addition, the member firms of ASTHOM PARTNERS now include AGS Consulting Co., Ltd. (HQ: Chiyoda-Ku, Tokyo; Chairman: Atsushi Kanzawa, President: Yoshihide Hirowatari, hereinafter “AGS”), Hotta Liesenberg Saito LLP (HQ: Torrance, California; Global CEO: Shunsuke Saito, hereinafter “HLS”), and Greenback Alan LLP.


Corporate Transparency Act — Beneficial Ownership Information Reporting

The Corporate Transparency Act (“CTA”) was enacted on January 1, 2021, as part of the National Defense Authorization Act, representing the most significant reformation of the Bank Secrecy Act and related anti–money laundering rules since the U.S. Patriot Act. The CTA is intended to address and guard against money laundering, terrorism financing, and other forms of illegal financing by mandating certain entities (primarily small and medium size businesses) to report “beneficial owner” information to the Financial Crimes Enforcement Network (“FinCEN”). 

The CTA authorizes FinCEN, a bureau of the U.S. Treasury Department, to collect, protect, and disclose this information to authorized governmental authorities and to financial institutions in certain circumstances.


U.S. GAAP Update – New CECL Standard for Credit Loss: Impact and Measures for Nonfinancial Institutions and Private Companies (Japanese Text Only)

1. CECLの概要

2016年、米国財務会計基準審議会(FASB)は、金融資産(預金、受取手形、売掛金、貸付金、等)の減損の認識に関連して、(予想損失モデル(Current Expected Credit Loss – CECL)に関する新しい基準(ASU 2016-13)を公表しました(FASBから正式に米国会計基準についての改訂等があった場合には、Accounting Standard Update (“ASU”)という形で公表されます)。


The Importance of Accounting and Taxation Related to U.S. Market Entry (Japanese Text Only)



HLS Global and AGS Consulting Establish Joint Venture

A partnership created to empower Japanese companies to expand globally

Torrance, CA, U.S.A. / Tokyo, Japan:

On December 6, 2022, Hotta Liesenberg Saito LLP (HLS) and AGS Consulting Co., Ltd. (AGS) announced the establishment of a joint venture to provide a wide range of support services to Japanese companies expanding globally. In announcing this significant partnership, the two companies are sharing their vision, spirit, and resources while fully committed to the growth and success of all our clients.


移転価格税制とは – 第1回

「移転価格」は、親・子会社などの資本関係のある法人間で行われる取引価格のことを言います。移転価格を操作することで、他国へ所得を移転することができるため、これを防ぐ目的で日本ではもちろんのこと、世界中ほとんどの国と地域にそれぞれの移転価格税制が存在します。なお、ここで重要なのは、所得を移転する意図があったかどうかに関係なく移転価格税制は適用されるという点です。 (more…)

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