Proposed rules for inbound investment in Sweden are expected to have an impact on multinationals’ structures as Sweden seeks to align its rules with BEPS Action 4 and ATAD.
House Republicans have unveiled the Tax Cuts and Jobs Act, outlining a comprehensive overhaul of the US’s tax code. The act will probably still get more than just a few little tweaks before being passed into law, but it is very likely to have an impact on multinationals’ transfer pricing planning and decisions on where to house IP.
Foreign direct investment has played a key part in driving Vietnam’s economic success, but lawmakers say the country is losing too much money to transfer pricing. To broaden its tax base, the government is speeding up implementation on solutions for technology transfer and anti-tax avoidance regimes.
HMRC believes taxpayers have underpaid £6 billion in taxes due to legal interpretation, which could be caused by uncertainty over new rules, advisers say.
India has seen a good deal of business disruption since GST was introduced in July with little time for companies to prepare. TP professionals are now warning that disharmony in the open market pricing between GST and TP laws could add yet another layer of complexity to the new regime.
