Whilst corporate tax avoidance continues to grab headlines, some of the biggest reforms are in fact occurring within indirect tax.
One of the key areas is transfer pricing documentation, our latest article discusses the demands that companies currently face and how the bar is to be raised further following the OECD's Base Erosion Profit Shifting (BEPS) Action Plan.
There are a number of cost and commercial reasons why a group may consider relocating, but it is also important to understand the consequences.
In light of the OECD initiative with respect to ‘Base Erosion and Profit Shifting’, the OECD has issued in February guidelines with regard to the implementation of transfer pricing documentation and ‘country-by-country’ reporting.
Tax management within multinational enterprises has never been more challenging. 'Getting to grips with the BEPS Action Plan' is the latest report from our BEPS series exploring the OECD’s planned overhaul of the international tax system, what it means for businesses and how they can prepare.
