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.
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.
Corporate inversion, the practice of reincorporating an American business in a different country, has been around for more than 30 years. But it’s only been in the last couple that it’s again become a hot topic in international business. If you’re considering an inversion as part of an international merger or acquisition, the clock is ticking, and it’s likely only a matter of time before regulators get rid of the practice — or at least make it much harder to pull off.