If you are involved in preparing financial reports for corporations or other organizations, you may be required to reflect certain 2010 tax changes under Canadian and U.S. generally accepted accounting principles (GAAP) in your year-end financial statements. 

Access the report here.

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KPMG LLP, the audit, tax, and advisory firm, a Canadian limited liability partnership established under the laws of Ontario, is the Canadian member firm of KPMG International. KPMG International’s member firms have 140,000 professionals, including more than 7,900 partners, in 146 countries.