Last week, Singapore’s finance minister announced the 2017 budget. We’ve summarized its most important points for foreign entities doing business in Singapore and for those considering expanding there.
The OECD’s BEPS recommendations have affected tax regimes all over the world. This post focuses on the US’s own tax landscape as it relates to BEPS, including the implementation of a country-by-country reporting requirement and changes to the US’s income tax treaties with other countries.
In another important and unanticipated referendum result, Swiss voters rejected legislation that would have reformed the country’s controversial corporate tax system. Now, some feel Switzerland won’t be able to meet its promise to eliminate the special tax treatment it gives multinationals by 2019.
In January 2017, the Australian Taxation Office (ATO) published new guidance on transfer pricing. The publication is part of a trend of tax authorities in all jurisdictions cracking down on profit shifting. This post provides some important steps you can take to ensure your organization stays compliant with evolving corporate tax laws.
A newly opened railway line in East Africa was funded by Chinese banks and constructed by Chinese companies. That project and other China-backed railways in Africa may be evidence that China’s global aspirations are growing while the US's are shrinking.
This post explores some immigration-related changes that will likely take place in the UK as a result of Brexit.
On November 8, Indian prime minister Narendra Modi declared that two of his country’s most-used bank notes would be worthless starting in January. This post explains Modi’s justifications for the experiment and its wide-ranging consequences.
A Swedish Court's recent permanent-establishment ruling against a German company reflects a trend of evolving and increasingly strict PE regulations around the world. This post explains why the case is important for multinationals everywhere and what they can do to protect themselves from PE-related risks.
Chinese President Xi Jinping’s speech this month to the World Economic Forum about the importance of globalization presented an unexpected and bizarre contrast to President Trump’s protectionist inaugural address. This post explains why some feel the US is in effect about to play the part of the 2003 Buffalo Bills to China’s 2003 New England Patriots.
Here are three points from Theresa May’s historic January 17, 2017 Brexit speech that US multinationals should know.
Many of China’s super-rich have turned to the West for guidance on etiquette, in particular to the UK tradition of employing a butler to oversee staff and household operations. As a result, schools devoted to training butlers are proliferating in the country.
Several trends are making it hard for global employers to hold onto workers, and the problem is not likely to let up soon. But companies with a good understanding of what motivates employees can take steps to increase engagement, upping the odds that workers will stick around.