Starting in April, the UK government will tax income derived from intellectual property held by non-UK companies in low-tax jurisdictions. We explain the new rule, who has to follow it and how it reflects a global trend.
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.
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 coming UK referendum on whether to remain in or leave the European Union could have serious ramifications for multinationals operating in the UK. This post is the first of a three-part Radius series examining a potential Brexit and the related legal, HR and tax implications companies should be aware of.
Welcome back to Global Glance. This week we look at Apple begging in Brussels; swearing in the US and the UK; and a cleric's declaration that chess is the work of the devil.
The UK's Autumn Statement was delivered on December 3 and addressed government spending and taxation plans, as well as international taxation changes that have implications on multinational companies.
Big developments are afoot in the world of international tax. Ireland has announced that it will end the “Double Irish,” the tax loophole that’s allowed multinationals to organize their affairs in such a way that they pay very low effective tax rates — sometimes as low as 2 percent.