Running a multinational business is complicated, and maintaining global operations gets more complex over time. Regulations in every jurisdiction are rapidly changing, and related best practices are changing along with them.
As global e-commerce grows, tax authorities everywhere face significant challenges. They must consider how to tax digital transactions, and in particular how to ensure and enforce indirect tax compliance.
Foreign governments and multinationals have started investing heavily in India, thanks in part to Prime Minister Narendra Modi’s economic reforms. We tell you why India is so appealing to some foreign investors, and why others are still reluctant to enter one of the world’s largest, fastest-growing markets.
Hong Kong companies must now collect and retain information about their beneficial owners. The new law is part of a global effort to enhance corporate transparency.
Theresa May gathered her Brexit “war cabinet” last week to solidify her government’s Brexit strategy before delivering a highly-anticipated speech on Friday. This post summarizes recent UK and EU Brexit publications and gives a picture of how far the UK has come in its efforts to provide businesses with certainty about how its economy will operate after Brexit.
The new US tax reforms represent the largest overhaul to the country’s tax code in more than three decades. They not only significantly lower US corporate tax rates, they change how multinationals are taxed on their non-US operations and their cross-border transactions. Understanding and following with the new rules will create challenges for multinationals. Those that fail to comply will risk financial and reputational damage, and those that fail to take advantage of new benefits will leave money on the table.
As millennials flood into the global workforce, companies may need to adjust some of their practices to keep these younger workers in their jobs. The first step to retaining them is determining what they value in the workplace.
There are few global industries hotter than co-working, or the practice of renting shared office space to freelancers, startups and other companies. The rise of co-working recently prompted Beijing authorities to add new business-registration requirements, which may be a sign of global regulatory changes to come.
Spurred by the OECD’s BEPS initiative, over 100 countries around the world are implementing new transfer pricing requirements. Some organizations assume these requirements only apply to multinationals with group revenue of 750 million euros or more. The reality is that many new countries have much lower thresholds. We explain what multinationals need to know now to comply.
Traditional benefits offerings such as pensions and medical insurance don't necessarily motivate today's increasingly multigenerational - and international - workforce. Organizations are coming to realize that they must develop new employee-engagement strategies to attract and retain top talent, both at home and abroad.