Tax & Accounting Blog

BEPS Blog Series Part 2: Determining the best data source for BEPS compliance

BEPS Blog Series Part 2: Determining the best data source for BEPS compliance

Intelligence to help MNEs choose Our three-part blog series will offer insights on BEPS compliance and country-by-country reporting for transfer pricing professionals. If you missed part 1, you can read it here. When it comes to choosing a reporting basis for Country by Country (CbC) Reporting, the OECD has stated that multinational enterprises (MNEs) … Read More

More Countries Set to Join the “Netflix Tax” Scrum

More Countries Set to Join the “Netflix Tax” Scrum

After more than a month of competition, the 20 teams competing for glory in the Rugby World Cup 2015 have been reduced to just 2. The final will be a match-up between New Zealand and Australia on October 30 at London’s Olympic Park. Australia and New Zealand have more in common than being powerhouse rugby … Read More

Rise of the Mega-FTA – The Trans-Pacific Partnership (TPP)

Rise of the Mega-FTA – The Trans-Pacific Partnership (TPP)

Introduction The Trans-Pacific Partnership (TPP) pact was successfully concluded in Atlanta, Georgia on the 5th of October 2015 after five and a half years of negotiations.[i] The pact involving twelve Pacific Rim countries– Australia, Brunei Darussalam, Canada, Chile, Japan, Malaysia, Mexico, New Zealand, Peru, Singapore, the United States and Vietnam – accounts for … Read More

Maldives Green Tax, U.S. Greenbacks

Maldives Green Tax, U.S. Greenbacks

Starting 1 November 2015, non-resident visitors to the Maldives will be subject to a $6 per person per day tax. Known as the Green Tax, the tax was approved by the parliament on 15 December 2014 and ratified by President Abdulla Yameen on 17 December 2015. On 12 October 2015 the Maldives Inland Revenue Authority Read More