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Stories that are tagged 'multinationals'




Canada Could Also Face Trump Tariffs

by Scott Hamilton, Tax-News.com, Washington

Last updated 18 hours ago | Tuesday, January 17, 2017

While there has been a concentration by President-elect Donald Trump on warnings of increased import tariffs on Mexican exports to the United States, his spokesman Sean Spicer has indicated that exports from Canada could also be subject to the same tax response. Read Full Story

 

Mexico 'Would Retaliate' Against Trump Tariffs

by Mike Godfrey, Tax-News.com, Washington

Last updated 42 hours ago | Monday, January 16, 2017

In press interviews, Mexico's Economy Minister, Ildefonso Guajardo, has said that while US president-elect Donald Trump's threatened import tariffs are a global problem, Mexico will have to be prepared to retaliate immediately with its own measures. Read Full Story

 

India-Japan Agree New Advance Pricing Agreement

by Mary Swire, Tax-News.com, Hong Kong

Last updated 42 hours ago | Monday, January 16, 2017

India has signed a bilateral advance pricing agreement with the Indian subsidiary of a Japanese company, India's Central Board of Direct Taxes has announced. Read Full Story

 

Australia Consults On Failure To Disclose Penalties For MNEs

by Mary Swire, Tax-News.com, Hong Kong

Thursday, January 12, 2017

The Australian Treasury is consulting on plans to increase administrative penalties for multinationals that fail to adhere to tax disclosure obligations. Read Full Story

 

Singapore Updates Transfer Pricing Guidance

by Mary Swire, Tax-News.com, Hong Kong

Thursday, January 12, 2017

On January 12, 2017, the Inland Revenue Authority of Singapore issued updates to its e-Tax Guide on the country's transfer pricing rules. Read Full Story

 

Snapchat Chooses UK Tax Domicile

Thursday, January 12, 2017

Snap, the US parent company of messaging app Snapchat, has chosen to establish its non-US base in London, in an endorsement of the UK's tax environment, despite the UK's decision to leave the European Union. Read Full Story

 

Google To Pay EUR280m In Back Taxes To Italy: Reports

By Ulrika Lomas, Tax-News.com,Brussels

Thursday, January 12, 2017

Google has agreed to pay up to EUR280m to settle corporate income tax said to be due to the Italian Revenue Agency, according to Italian media reports. Read Full Story

 

India Constitutes BEPS Committee

by Mary Swire, Tax-News.com, Hong Kong

Wednesday, January 11, 2017

India's Central Board of Direct Taxes has constituted an expert committee to examine the final base erosion and profit shifting recommendations and to devise a roadmap for implementing the recommendations. Read Full Story

 

Three More Nations Commit To BEPS Minimum Standards

by Ulrika Lomas, Tax-News.com, Brussels

Monday, January 9, 2017

A further three countries have committed to participate in international base erosion and profit shifting discussions and implement minimum standards, under the OECD's new "inclusive framework" for countries. Read Full Story

 

Hong Kong Needs Measured BEPS Response: Report

by Mary Swire, Tax-News.com, Hong Kong

Friday, January 6, 2017

Hong Kong's Financial Services Development Council has issued a paper setting out key recommendations for the Government to consider in the area of international tax law. Read Full Story

 

 

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