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.
India has instituted key reforms to ease the tax burden on start-ups and make it easier for investors to contribute to their success. These changes are part of a larger plan to create jobs and further elevate the country's rising economic stature.
The UK’s off-payroll working rules, commonly referred to as IR35, tell employers how to classify contractors and other workers. They’re already complex, but changes effective next year will make them even more difficult to understand and follow. We tell you what you need to do to prepare.
Until recently, companies selling online to US customers in general did not have to pay sales tax in states where they had no physical presence, but that has changed. Here's what multinationals need to know.
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.
The OECD has developed the Common Reporting Standard, or CRS, and over a 100 countries and counting are committed to implementing it. The compliance burden falls most heavily on financial institutions, but account holders have their own obligations and must fulfill them to avoid significant penalties.
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.
Digitizing VAT is the first phase of the UK’s Making Tax Digital program, designed to modernize the country's tax system. UK authorities have revised related deadlines, which call for certain businesses to keep digital records and submit VAT returns using compatible software.
Foreign governments and multinationals have started investing heavily in India, thanks in part to Prime Minister Narendra Modi’s economic reforms. We tell you why India is so appealing to some foreign investors, and why others are still reluctant to enter one of the world’s largest, fastest-growing markets.
Spurred by the OECD’s BEPS initiative, over 100 countries around the world are implementing new transfer pricing requirements. Some organizations assume these requirements only apply to multinationals with group revenue of 750 million euros or more. The reality is that many new countries have much lower thresholds. We explain what multinationals need to know now to comply.
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.