Tax authorities from the US to Australia and Taiwan are circling digital service providers Uber, Airbnb and other cash-rich app disrupters in a crusade to impose higher taxes and find cutting-edge ways to subsidise the old economy.
Donald Trump has said he will curb “job-killing corporate inversions” by reducing the US business tax rate from 35% to 15% if he becomes the next US President. Meanwhile, his rival Hillary Clinton plans to deter companies by levying an ‘exit tax’ on businesses moving overseas. Will either plan work? Caroline Byrne reports.
Turkey has significantly altered its transfer pricing regulations, including narrowing the definition of ‘related party’ which could help its investment climate.
The biggest transfer pricing news including updates on Liechtenstein's plans to exchange tax information; IRS country-by-country reporting guidance and the Finnish tax authority's invitation to MNEs with TP questions.
Donald Trump says he will curb 'job-killing corporate inversions' by reducing the US business tax rate from 35% to 15%. Hillary Clinton plans to levy an "exit tax" on businesses moving overseas. Will either tax plan work?
