Tax & Accounting
Regulation | Management
In October the OECD’s Base Erosion and Profit Shifting (BEPS) project released a report outlining its progress on a series of steps it was taking to combat tactics—often legal but ethically questionable—used by many multinational companies to reduce or eliminate tax liabilities across their operations.
UK Corporate Tax | Trends
Britain likely will succeed in taxing multinational companies at a 25% rate on their UK operations beginning in April, without violating international tax treaties, analysts say, but tensions are rising between countries on suspicions that MNCs are engaging in global tax evasion.
Global Finance sat down with Brian Loughman, Fraud Investigation & Dispute Services (FIDS) Leader, EY Americas (formerly Ernst & Young), to discuss how greater regulation and increased efforts by countries to fight fraud are leading to greater demand for services by corporations around the world.
CORPORATE FINANCING NEWS | MERGERS & ACQUISITIONS
By Kjetil Malkenes Hovland Danish oil company Maersk Oil said Thursday it had chosen KBR London to engineer the technically challenging Culzean gas field in the U.K. North Sea, a $4.7 billion investment set to produce 5% of the ...
Sri Lanka has an open business environment, but challenges—not least its recovery from the civil war that ended in 2009—remain.
Recent economic reforms in Mexico and upgrades by rating agencies have strengthened Mexico’s position in global markets. The country’s economic performance is improving as well.
Corporate tax evasion is like the weather: Everyone complains about it, but what is being done and what does it mean for corporations?
MILESTONES By Ronald Fink Fiat-Chrysler’s move from Italy to London, and the plans of other multinationals to relocate to the United Kingdom, cements the UK’s newfound international tax status. The car manufacturer’s recent decision to shift its tax domicile from ...
MILESTONES: UNITED STATES By Paula Green US tech firms, including Google And Twitter, are taking advantage of a new model for accounting and tax services. A stripped-down, low-cost solution is gaining in popularity among Silicon Valley tech ...