Tax & Accounting Blog

The IRS has announced that they will not be able to execute bilateral competent authority agreements (BCAA) with all countries expecting a CBC report for 2016. Should impacted US Multinational Enterprises (MNEs) file locally or use a surrogate? At play are four countries, France, Indonesia, Jersey, and Spain [1] — all of … Read More

On November 28, 2017, Italy issued Order 275956 (the “Order”) on country-by-country (CbC) reporting requirements. See BEPS Action 13. The Order implements provisions of the Decree of the Ministry of Economy and Finance of February 23, 2017. With effect from the tax year … Read More

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

The following rates are reported as of today, January 1, 2018. Expect changes to be frequent and it is recommended that you verify the information provided. We recommend Thomson Reuters Checkpoint Payroll Create-a-Chart resource to stay current — where charts are dynamically updated and are always in sync with current … Read More

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

As the end of the year draws nigh, we tend to become swept up in the holiday rush, planning and taking vacations, entertaining friends and family, shopping and simply trying to get into (and maintain) the holiday spirit. Marketing strategy is not usually at the top of the long To Do list. But December really is the … Read More