Singapore is planning key updates to its data privacy law, bringing the country more closely in line with the EU, Australia, and other regions that have strictly regulated the use and sharing of online personal information. Multinationals doing business with the island nation should review their procedures for collecting and processing personal data to ensure they are in compliance before the changes become law.
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.
The EU’s VAT e-commerce package is simplifying VAT rules on cross-border sales to EU-based customers. This post addresses the package’s final measures, which will affect the supply of services by both EU and non-EU businesses.
Many countries have introduced digital services taxes that apply to only very large multinational groups, while other countries’ digital taxes apply to a much wider range of businesses. India’s equalisation levy has an extremely low revenue threshold and for the time being is likely to affect more multinational businesses than any other digital services tax.
In an effort to funnel more jobs to Americans, the U.S. has implemented new visa restrictions that will make it harder both for U.S. companies to hire foreign workers and for multinationals to transfer their workers to the U.S.
As we shift to a post-pandemic economy, many employers have announced plans to extend their work-from-home policies indefinitely. But there are several important decisions that need to be made before making the transition. This post describes some of the most important things multinationals need to consider before shifting to a long-term remote-work model.
Everyone agrees that sound corporate governance is essential to reducing corporate risk, but few define it in the same way. To get a better understanding of what corporate governance is now and why it’s so important, subject experts Charlotte Hultman, Debbie Farman and Theresa Doyle share their views in a lively, informative interview.
The U.S. Trade Representative’s office is launching investigations into a number of countries’ digital services taxes, which may be “unfair or discriminatory and negatively affect U.S. Commerce.”
Many businesses are reconsidering expatriate assignments in light of travel restrictions, tax incentives, the rise of remote work and more. This post describes steps your organization can take to reduce its global mobility risks and put your company in a better position to thrive as our global economy recovers.
Many European countries are turning to contact-tracing apps to reduce coronavirus transmission, but the apps have raised data-privacy concerns. Governments are moving ahead with the technology, struggling to achieve a balance between public safety and citizen privacy.
Indonesian President Joko Widodo’s government has submitted a draft bill that is widely known as the “omnibus law.” It aims to increase competitiveness, create jobs and make it to easier to do business in Southeast Asia’s largest economy.
As the pandemic recedes in many places, businesses are readying their workforce to return to the office. We discuss some of the primary measures your organisation should consider now to prepare.