Tax & Accounting Blog

Three Long-Term Trade Trends, From Leading Trade Practitioners

Three Long-Term Trade Trends, From Leading Trade Practitioners

The macro environment that underpins our third annual global trade survey, which will be released shortly, is increasingly uncertain and complex. The long-term consequences of protectionism; the fate of proposed and existing free trade agreements; and general technological developments in manufacturing are themes that are creating uncertainty. Added to these themes is the increasing regulatory … Read More

Belgium Extends Filing Deadline for Country-by-Country Report, Notification and Master File

Belgium Extends Filing Deadline for Country-by-Country Report, Notification and Master File

On November 28, 2017, the Belgian tax authorities announced that they would extend the filing deadline to March 31, 2018 for the country-by-country (CbC) report (Form 275 CBC), CbC notification (Form 275 CBC NOT), and the master file (Form 275 MF). These forms were initially due by the … Read More

OECD Council Approves 2017 Update to OECD Model Tax Convention

OECD Council Approves 2017 Update to OECD Model Tax Convention

On November 23, 2017, the OECD issued a press release on the OECD Council approving the contents of the 2017 Update (“2017 Update”) to the OECD Model Tax Convention (the “Convention”) on November 21, 2017. The 2017 Update, which was previously approved by the Committee on Fiscal Affairs on September 28, 2017, will be incorporated … Read More

Brazil Must Adopt a New and Urgent Mindset in Regards to its Commercial Approach

Brazil Must Adopt a New and Urgent Mindset in Regards to its Commercial Approach

Blog, Global Trade, ONESOURCE November 24, 2017

Brazil has historically been identified as a protectionist country, with many elements to demonstrate this assertion. For example, when trading with other countries under Free Trade Agreements, Brazil’s exposure to the world’s consumers is only 8%, according to a study by CNI (National Industry Confederation). If compared to Brazil’s neighbors Chile … Read More