Multinational enterprise: Corporate ‘effective tax rate’ now in revenue authorities’ sights

August 19, 2015

As if the OECD BEPS (Base Erosion and Profit Shifting) project is not causing enough angst for corporates, revenue authorities, particularly in the UK and Australia, are now zeroing in on what is termed a company’s “Effective Tax Rate” (ETR) to make a comparative analysis of what tax a company is paying relative to other companies.  READ FULL ARTICLE.


Hayley Pride
PR Coordinator
Thomson Reuters
58-64 City Road, London EC1Y 2AL
Direct Dial: +44 (0)20 75427185
Mobile: 07879694705

Back to Press Releases

In The News

Friday, March 4 Would you take tax advice from a robot?

Though you might not immediately think of it like this, consider tax software widely used in the market today. That software is technically a machine…

Thursday, March 3 Why Some Charities May Want to Re-Think Taking Government Grants

It seems everyone starts to feel a little more charitable around tax season. But as individuals trek into their accountant’s offices, donation receipts in hand,…

Friday, February 26 5 Reasons Why Cloud Technology Builds Stronger Client Relationships

If you’ve worked in the tax and accounting profession long enough, you know that strong client relationships are the foundation of a successful practice. As…