Indian authorities recently passed an amendment requiring any company incorporated on or before December 31, 2017 to complete and file an electronic form providing company details. The deadline to file the form is April 25. This post provides a summary of the amendment and how to fulfill your obligations.
The OECD has developed the Common Reporting Standard, or CRS, and over a 100 countries and counting are committed to implementing it. The compliance burden falls most heavily on financial institutions, but account holders have their own obligations and must fulfill them to avoid significant penalties.
Spurred by the OECD’s BEPS initiative, over 100 countries around the world are implementing new transfer pricing requirements. Some organizations assume these requirements only apply to multinationals with group revenue of 750 million euros or more. The reality is that many new countries have much lower thresholds. We explain what multinationals need to know now to comply.
The UK's Making Tax Digital measure will help businesses stay on top of their affairs and make fewer tax mistakes. The plan is part of a worldwide movement to digitize tax collection.
Singapore’s Companies Act has undergone changes to promote investment, corporate transparency and compliance. We summarize what companies operating in Singapore need to know about the changes to ensure locally compliant corporate governance.
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.