The Association of International Certified Professional Accountants released a policy paper urging global solutions to the tax treatment of transactions in the digital economy, emphasising its own Guiding Principles of Good Tax Policy.
Having children can greatly affect an individual’s tax rate, the Organisation for Economic Co-operation and Development reported in its annual look at the taxation of wages in OECD countries.
While some finance executives wait to commit to changes related to potential tax savings, their optimism shows in revenue and profit projections, a survey shows.
With a number of nations around the world switching to digital tax collection systems, is your organisation ready for the challenges this may bring?
The US Congress passed a wide-ranging overhaul of the US tax code that changes tax rates for corporations and revises the US tax treatment of overseas income.
The US and the UK have agreed to exchange the country-by-country tax reports they each require large multinational companies to file.
Lauren Kovar, CPA/CITP, CGMA, director of Client Advisory & Strategy for Thomson Reuters, discusses a couple of emerging trends in tax technology.
Lauren Kovar, CPA/CITP, CGMA, director of Client Advisory & Strategy for Thomson Reuters, says executives have an opportunity to recognise their tax function not as a cost centre but as a real driver of economic return and business value.
The European Parliament voted in favor of a measure that will require large multinational corporations to publicly report their net revenue, amount of profit and loss, and income tax paid on a country-by-country basis.
Over 70 countries signed a multilateral agreement to modify the application of their tax treaties to help fight base erosion and profit-shifting (BEPS) by multinational companies.