Tag Archives: Taxation

Economy / Tax

The OECD and UN International Tax Proposals

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Executive Summary  Introduction  The Orginisation for Economic Co-operation and Development (OECD) has proposed and revised an international tax agreement that contains two pillars. Pillar one aims to reallocate taxation of digital multinational companies and multinational companies with intangible assets. Pillar two aims to impose a minimum global tax on multi-national companies, while preventing double taxation. … Continue reading →

U.S. Businesses Dodging Taxes? IRS Pulls Reins Tighter
Economy / Regulation / Tax / Taxes

U.S. Businesses Dodging Taxes? IRS Pulls Reins Tighter

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The Internal Revenue Service (IRS) and the U.S. Department of Treasury issued a Notice (Notice 2014-52) last Monday that would further their efforts to prevent U.S. companies from using an increasingly prevalent tactic known as inversion to lower their tax bill. Conventionally, an inversion is a negotiation in which a U.S. multinational company restructures with a foreign … Continue reading →