Tax & Accounting Blog

How to Navigate Complex International Tax Issues

How to Navigate Complex International Tax Issues

International tax departments are being hit from all angles with new regulations and complex issues. From Brexit to BEPS, from FATCA to TPP, the most critical issue is navigating the changing nature of global business and the complex implications for operations. Implementing the right technology, challenging the status quo, and building the right team that … Read More

Transitioning to GST Involves Unparalleled Work and Big Challenges

Transitioning to GST Involves Unparalleled Work and Big Challenges

GST or VAT is prevalent in world over in almost 150 countries where no distinction is made between goods and services for levying tax. GST is a multi-layer tax where the consumer of the good or services bears the ultimate burden of the entire tax. In India, the current indirect taxes structure is complex and … Read More

Technology that Ignites Global Business

Technology that Ignites Global Business

This is part one in a series on how corporations do business globally. For a global business to succeed in today’s world, it needs to hone five pillars of engagement, writes Klaus Schwab, founder and executive chairman of the World Economic Forum. Those pillars are corporate governance, corporate philanthropy, corporate social entrepreneurship, global corporate … Read More

What You Need To Know About BEPS: The Evolving List of Countries that Require a CbC Report for Fiscal Year 2016

What You Need To Know About BEPS: The Evolving List of Countries that Require a CbC Report for Fiscal Year 2016

The rules are now clear. Every MNE with at least 750 million Euro of revenue in 2015 must prepare Country-by-Country (CbC) reports for the 2016 fiscal year. If the ultimate parent company does not file, then a surrogate or the local entity will most likely be required to comply. The timeline seems to afford MNEs … Read More