Higher taxes in India may kill the cryptocurrency trade in the country, according to Binance’s CEO, while the UK government faces calls from BT to extend its 130% ‘super-deduction’.
TP specialists warn that proposed GloBE rules in the Netherlands could cause headaches for businesses in navigating the additional reporting requirements and compliance costs.
The Australian government announced plans for public country-by-country reporting, while energy company Shell reported bumper profits and sparked calls for a higher windfall tax.
Economic uncertainty in the UK has reduced M&A activity, but TP risks in such transactions are still crucial business considerations, say tax specialists.
