Tax & Accounting Blog

Adding Compliance in Foreign Trade

Adding Compliance in Foreign Trade

Currently developed and emerging countries have specific laws for the treatment of corporate criminal liability, which require companies to establish a credible program to prevent, detect and correct crimes such as bribery, influence peddling, incompatible negotiations, illicit enrichment and the presentation of false reports. Regardless of these legal requirements, compliance is an activity that has … Read More

Deloitte’s Denise Hintzke on FATCA and CRS Compliance

Deloitte’s Denise Hintzke on FATCA and CRS Compliance

Denise Hintzke is a Managing Director in the Financial Services Tax practice at Deloitte Tax LLP, where she serves as a leader in their Global Information Reporting practice as well as their Foreign Account Tax Compliance (FATCA) and Common Reporting Standard (CRS) initiatives. In her role, Ms. Hintzke works closely with … Read More

BEPS Action Item 13: Using Technology to Simplify Compliance

BEPS Action Item 13: Using Technology to Simplify Compliance

BEPS Action Item 13 aims to improve transparency for tax authorities, advocating a three-pronged approach to transfer pricing documentation including master file, local file, and country-by-country reporting (CbCR). Since its finalization in October 2015, this action item has had a significant adoption rate, with more than 40 countries incorporating these guidelines into local law. The … Read More

Can you satisfy your BEPS CbCR and notification obligations with a spreadsheet?

Can you satisfy your BEPS CbCR and notification obligations with a spreadsheet?

The right way to deliver on your BEPS CbCR and notification obligations As countries around the world enact legislation in accordance with Action 13 of the Action Plan on Base Erosion and Profit Shifting (BEPS) set forth by the Organisation for Economic Co-operation and Development (OECD), Multinational Enterprises (MNEs) have common misconceptions — particularly when … Read More