US tax filing due dates have been changed for the first time in more than three decades, including returns for partnerships and corporations. The changes go into effect starting with 2016 US tax returns, which will be filed in calendar year 2017. This post contains an easy-to-read chart showing the new (and former) due dates.
Today’s superstar athletes are powerful corporate brands, and they and their teams are looking for creative ways to reduce personal and corporate taxation. UK soccer clubs are compensating players and some coaches under a tax scheme that has some wondering if teams, players and coaches are effectively engaging in tax evasion.
There are a number of international tax issues that affect providers and purchasers of cloud computing software, including characterizing software payments. Characterization affects how software receipts are taxed and whether withholding tax should be applied. In short, software-payment classification can have a big impact on the overall profitability of a sale and the cash flows associated with it.
On August 30, 2016, the European Commission found that Ireland granted illegal tax benefits to Apple Inc., and demanded that Apple repay €13 billion to Irish tax authorities. We provide a clear, concise summary of the situation and tell you what you need to consider in the wake of the ruling.
The OECD has released transfer pricing and country-by-country reporting (CbCR) guidelines requiring certain multinational enterprises to provide additional information to international tax authorities on their global business operations, economic activities and transfer pricing policies. This post summarizes the key aspects of the new CbCR requirements and how they may affect your business.
The coming UK referendum on whether to remain in or leave the European Union could have serious ramifications for multinationals operating in the UK. This post is the first of a three-part Radius series examining a potential Brexit and the related legal, HR and tax implications companies should be aware of.
This week's Global Glance looks at the Pew’s new digital economy survey; how Senator Warren’s speech on the gig economy sparked a global debate; and France's ongoing labor unrest.
Welcome back to Global Glance. This week we look at how a Chinese insurance company may be changing the nature of M&As, FIFA’s surprising claim to victimhood, and a strange and lavish soccer school in rural China.
Welcome back to Global Glance. This week we look at: the lifting of the Iran sanctions and what it means for US businesses; India’s Jat protesters and caste system; and the G20 meeting in Shanghai.
Welcome back to Global Glance. This week we look at Obama’s Cuba visit and prospects for US businesses in Cuba; India’s fantastically cheap new smartphone; and last week’s OECD report on global growth.
Influential global bodies like the Organization for Economic Cooperation and Development (OECD) have targeted perceived multinational corporate tax avoidance through programs like the Base Erosion and Profit Shifting (BEPS) project. At a basic level, these and related country-specific initiatives target the perceived avoidance of permanent establishment (PE) and egregious transfer pricing practices. What has changed and how does this impact your business operations?
Welcome back to Global Glance. This week we look at Apple begging in Brussels; swearing in the US and the UK; and a cleric's declaration that chess is the work of the devil.