The EU’s second-highest court overturned a 2016 ruling ordering Apple to pay Irish tax authorities 13 billion euros for receiving undue tax benefits. Multinationals should beware of taking the ruling as a sign the world of international taxation is reverting to an earlier era.
Pillar One is a group of proposals addressing how to tax companies that generate profits where they don’t have a taxable presence under existing principles. This post examines the state of this initiative, which involves 137 countries and has massive implications for multinational groups.
The OECD recently issued information on its Pillar Two, which is part of a larger plan to prevent multinationals from shifting profits to reduce or eliminate taxes. We provide a summary of the new OECD document and explain why it’s key to understanding the changing world of corporate taxation.
This month, the OECD proposed rules to ensure multinational companies pay tax in countries where they have significant consumer activities and generate profits. The rules could effect a radical shift in how businesses are taxed.
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.
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.
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.
Permanent establishment is an important subject for any company operating or planning to operate in another country. We asked Tom Lickess, Radius’ director of international tax, to talk about the basics of permanent establishment and how related laws are changing in today’s connected economy.
India’s finance minister recently presented the government’s budget for fiscal year 2017-2018, which starts April 1. For multinationals operating in or considering expanding into India, we’ve provided a summary of the budget’s key points.
The OECD’s BEPS recommendations have affected tax regimes all over the world. This post focuses on the US’s own tax landscape as it relates to BEPS, including the implementation of a country-by-country reporting requirement and changes to the US’s income tax treaties with other countries.
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.