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.
The UK’s Autumn Statement 2016 takes Brexit and many other factors into account. This post summarizes the critical points from the Statement that US multinationals should know, including the UK Chancellor's confirmation that the UK will honor its rolling schedule of corporate tax cuts.
Tax authorities everywhere are intent on collecting taxes from foreign nationals working within their borders, and shadow payrolls have become an increasingly important way for multinationals to avoid paying fines. This post gives you an understanding of what shadow payrolls are and why they’re used. If you’re considering sending an employee abroad, understanding why shadow payrolls are important is a critical first step to lowering your company’s risks.
Today, the High Court ruled that the government did not have the power to give formal notice to leave the EU without approval from Parliament.
Brexit will have a profound impact on the UK. Years before it takes effect, it’s already influencing Britain’s socioeconomic, political and business climate. Here are five important developments you need to follow if you do business in the UK or with UK-based businesses.
The British pound has slipped considerably since June’s Brexit referendum, and recent hints that the UK may make a "hard Brexit" have stoked investor fears. We provide a summary of why the pound has fallen and outline some of the pros and cons of a weak pound.
Creating a mentally healthy workplace is everyone’s responsibility, but change must start at the top. Business leaders play a critical role in driving practices that promote mental health in the workplace. Here are a few areas to concentrate on when making improvements.
A recent study found 12 million refugees are living in just 10 of the world’s 193 countries. Those 10 countries have a combined GDP of less than 2.5% of the world’s total, creating a highly unstable situation. We look at why the burden of hosting refugees is unequally distributed, and we explore the real economic effects of hosting refugees.
US presidential candidate Donald Trump is viewed by investors as potentially toxic to the Mexican economy. The value of the Mexican peso appears to be linked to the perceived likelihood of a Trump victory in November.
Brexit represents a major sociopolitical change that will affect the supply chains of countless multinationals. We recommend steps you can take now to protect your organization from Brexit’s eventualities, including examining your supply chain for direct and indirect links to the UK and reviewing your contracts to make sure they're Brexit friendly.
More than 45 million people are living in slavery, with Asia accounting for two thirds of the victims. To prevent slavery and increase supply chain transparency, the UK passed the Modern Slavery Act. Ensuring compliance is difficult, but a recent survey suggests that when a company leader takes a stand against slavery and exploitation, it has an effect that ripples throughout the workforce.
This week’s Global Glance looks at gay bars around the world, and why some are on the decline and some are emerging and resemble US gay bars of old.