Brazil has joined the growing list of countries that have recently passed legislation requiring investors to identify their ultimate beneficial owners (UBOs) and report that information to local authorities.
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.
The US’s tax overhaul has serious ramifications for businesses. Here are some important considerations for all companies operating in the US.
A new US tax proposal calls for significant changes in the way multinational companies are taxed, including a 20 percent corporate tax rate. Here are some important features for US-based multinationals and foreign companies operating in the US.
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.
President Trump’s new tax proposal calls for a reduction of the corporate tax rate from 35 to 15 percent, a repeal of the corporate alternate minimum tax and an end to most tax deductions. This post tells you why reaction to the plan has been mixed, if it's feasible and if it's likely to pass into law.
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.
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.