The latest tax and regulatory reforms in the US are intended to woo more corporate investment from abroad, but they offer both pros and cons that vary widely from sector to sector.
Tax & Accounting
Will the latest US tax reform increase the attractiveness of the United States for foreign companies? Will companies line up to establish or increase operations in the US? And, if so, will this force other developed economies to follow suit ...
Auditors may have suffered a reputational crisis in the wake of recent corporate financial scandals; but using artificial intelligence and data analytics, the profession hopes to reinvent itself.
Trump's tax plans are expected to lighten corporate taxes, adding to profits of beleaguered US companies.
Collection troubles and resource dependency hamper African governmental efforts to raise revenue.
Gulf nations are the latest in the growing number of countries implementing value-added taxes (VAT) on goods and services.
Cross-Border Payments | Magic is only for fairy tales, but new technologies promise a magical transformation in cross-border payments.
India | The Indian parliament’s adoption of a constitutional amendment bill has paved the way for the biggest tax reform in the $2 trillion economy’s history, as Narendra Modi’s government prepares to usher in a dramatic change in the tax regime: a single goods and services tax (GST) that subsumes all central, state and local levies.
Clement Naples, partner at Latham and Watkins, a global law firm specializing in intellectual property, visited Global Finance to talk trends in patent litigation, valuations and the role of IP in investment decisions.
Hedging Strategies | Billion-dollar fuel-hedging losses offer a counterintuitive lesson for corporates.
Regulations | Compliance in a shifting regulatory environment requires nimble responses.
Trends | Inversions
The US Treasury Department’s recent rules against corporate inversions are intended to stop “serial inverters.”
Tax Reporting & Compliance
The OECD’s “Base Erosion and Profit Shifting” principles are being incorporated into tax laws in some nations, requiring more transparency from corporate treasury departments.
Trends | Taxation
As part of a crackdown on generous tax incentives across the European Union, in January the European Commission (EC) demanded Belgium claw back €700 million ($762 million) in tax breaks from at least 35 European firms.
Management | Risk Management
Cyberattacks, safety concerns, climate change, regulatory demands, declining oil prices, less demand from China, a crumbling and volatile stock market: There is no lack of risks in doing business, and at the start of 2016, they are ever- present for corporations small and large.
Taxation | Capital Markets
In December 2015, 10 European Union members agreed on key aspects of a harmonized financial transaction tax (FTT).
The world’s richest countries are getting tougher on corporate tax avoidance. But experts predict that, new guidelines notwithstanding, companies will still find ways around the system.
Trends | Taxation
Brazil is well known in the global business sector for its tax complexity, heavy tax burden (around 35% of GDP) and high use of technology for tax collection. Not for nothing do Brazilians call their tax authority—Receita Federal do Brasil—“the Lion.”