Tax & Accounting Blog

OECD Creates Guidance for Tax Administrations on Country-by-Country Reporting

OECD Creates Guidance for Tax Administrations on Country-by-Country Reporting

On September 29, 2017, the OECD issued a press release on the Forum on Tax Administration’s (FTA’s) recent plenary meeting in Oslo. The FTA discussed a number of issues, including the effective implementation of the BEPS project. The event produced new handbooks for tax administrations on country-by-country (CbC) reporting, specifically on effective implementationRead More

Thomson Reuters Hosts Panel on BEPS MLI and CbC Reporting at 2017 IFA Rio Congress

Thomson Reuters Hosts Panel on BEPS MLI and CbC Reporting at 2017 IFA Rio Congress

The 71st Congress of the International Fiscal Association (IFA) was held in Rio de Janeiro on August 27-September 1, 2017. Thomson Reuters was proud to be a Gold sponsor at the Congress, showcasing how we can help businesses navigate BEPS compliance. Thomson Reuters hosted an expert panel discussion during the Congress on the impact … Read More

Recharge your payroll skills on per diems

Recharge your payroll skills on per diems

Per diems are a great way to control travel and entertainment expenses — and both small and large companies take advantage of this program. The federal government and all states have three systems to compensate employees for per diems. Using per diems not to exceed federal rules are a worry-free, documentation-free way for employers to … Read More

A Primer on NAFTA 2.0: What Everyone Wants

A Primer on NAFTA 2.0: What Everyone Wants

By Keith Haurie, Vice President of Business Development for ONESOURCE Global Trade at Thomson Reuters Because the Trump administration aims to renegotiate an historic trade deal, the North American Free Trade Agreement, on an accelerated timeframe, it should come as no surprise that there is substantial uncertainty surrounding the outcome. What each party to the negotiation … Read More

The Czech Republic Implements CbC Reporting Requirements

The Czech Republic Implements CbC Reporting Requirements

On September 20, 2017, the Czech Republic published Law No. 305/2017 in the official gazette to implement EU Directive 2016/881 on the exchange of country-by-country (CbC) reporting information among EU member states. The legislation had been pending review in the Czech Parliament for several months, since the Ministry of Finance presented it with … Read More