This month, the OECD released a report on taxation and the digital economy. We put the report in context and summarize its high points so you know what leading authorities are saying about the subject now.
Foreign governments and multinationals have started investing heavily in India, thanks in part to Prime Minister Narendra Modi’s economic reforms. We tell you why India is so appealing to some foreign investors, and why others are still reluctant to enter one of the world’s largest, fastest-growing markets.
Officials from 76 countries met in Paris this month to sign or promise to sign an OECD multilateral convention that some describe as “a kind of super tax treaty.” This post describes what the convention is and why the signing ceremony should be a wake-up call for businesses.
The Australian Taxation Office issued a combined $2.9 billion in tax bills this month to seven multinationals, including Apple, Google and Microsoft. The ATO’s actions come three months before the effective date of Australia’s widely heralded diverted profits tax, known as the Google tax. Here’s what you need to know about this important legislation.
In another important and unanticipated referendum result, Swiss voters rejected legislation that would have reformed the country’s controversial corporate tax system. Now, some feel Switzerland won’t be able to meet its promise to eliminate the special tax treatment it gives multinationals by 2019.
On November 8, Indian prime minister Narendra Modi declared that two of his country’s most-used bank notes would be worthless starting in January. This post explains Modi’s justifications for the experiment and its wide-ranging consequences.