Countries all over the world are embracing the economic employer concept and abandoning the traditional model for granting income-tax exemptions to temporary foreign workers. We explain the economic employer concept and tell you how to protect your organization when sending expats on short-term assignments.
The UK issued a position paper outlining proposals for allowing trade to continue between Ireland and Northern Ireland without erecting physical borders post-Brexit, but uncertainties remain.
Donald Trump may have alienated some prominent Republicans during his presidential campaign, but he could find common ground with his party’s lawmakers on the subject of US corporate tax reform. This post explores how Trump’s presidency will likely affect US corporate taxation and cash repatriation rules.
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.
This week's Global Glance looks at smoking in France and the global legislative trend that strips tobacco companies of branding privileges while forcing them to include disturbing images on their packaging.
This week's Global Glance looks at Italy's troubled banks and the doom loop.
Many global leaders inside and outside HR struggle to understand how they can boost workplace productivity, particularly when managing a global workforce where employees may have vastly different cultural expectations and will be operating under different sets of labor laws depending on their office locations. There is no magic formula for ensuring high employee productivity across borders, but there are a few key ingredients that are essential to promoting the productivity of your global workforce.
The gender pay gap is a worldwide problem; it exists in every nation. Perhaps the most telling statistic demonstrating this inequality is the gender pay gap: on average, women earn 46% less than men earn. In fact, the annual pay for women only now equals the amount men were earning 10 years ago. Increasing attention to the gender pay gap around the world has inspired governments and advocacy groups to take action. In this climate, it is increasingly important for employers to ensure that they are paying their employees fairly and in compliance with the laws of the countries in which they operate.
Companies of all sizes — not just behemoths like Google and Facebook — are under increased scrutiny from tax authorities. We are in a time when corporate tax laws around the globe are evolving at a quick pace, and this understandably leaves many corporations uneasy and looking for clarity. Let’s look at two scenarios involving how a multinational might be taxed by two sets of tax authorities on the same income. Equipped with this knowledge, you may be able to avoid these kinds of pitfalls, or at least be prepared for the possibility that they may arise.
In this week's Global Glance we look at China’s workplace culture and its evolving labor movement; why more Americans are renouncing their US citizenship; and global New Year’s traditions.
In this week's Global Glance we look at how the massive Pfizer-Allergan merger skirts US Treasury rules, terrorist attacks and the global economy, and how cats helped Brussels residents from disclosing antiterrorist activities.
The Republic of Ireland is known throughout the world for attracting foreign investment through its low corporation tax rate, which now stands at 12.5%. Northern Ireland, by contrast, follows the UK-mandated 20% rate. Not surprisingly, Northern Ireland has struggled in recent years to woo foreign direct investors away from its closest neighbor.Provided that certain political hurdles can be overcome, competition between the two border countries for foreign investment may become more balanced over the next few years after the introduction of new tax legislation.