Steve Edge (Slaughter and May) takes stock on the global corporate tax changes that have been grabbing press attention over the year.
As we approach the end of the year it is time to take stock on where we are on the global corporate tax changes that have been grabbing press attention over the year.
Achievements to date
Those behind the BEPS project at the OECD are to be congratulated for masterminding the different parts of the project and more importantly mustering support initially from industry and the professions alongside tax authorities from the different jurisdictions. That feels like old news now but we shouldn’t underestimate the efforts that went into global treaty changes through the MLI the concerted attack on hybrids and some major transfer pricing changes in OECD guidance.
Political approval for pillars one and two
But the work did not...
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Steve Edge (Slaughter and May) takes stock on the global corporate tax changes that have been grabbing press attention over the year.
As we approach the end of the year it is time to take stock on where we are on the global corporate tax changes that have been grabbing press attention over the year.
Achievements to date
Those behind the BEPS project at the OECD are to be congratulated for masterminding the different parts of the project and more importantly mustering support initially from industry and the professions alongside tax authorities from the different jurisdictions. That feels like old news now but we shouldn’t underestimate the efforts that went into global treaty changes through the MLI the concerted attack on hybrids and some major transfer pricing changes in OECD guidance.
Political approval for pillars one and two
But the work did not...
If you or your firm subscribes to Taxjournal.com, please click the login box below:
If you do not subscribe but are a registered user, please enter your details in the following boxes:
