US Senator Bernie Sanders has offered a bill to stop corporate tax dodgers, but does the former presidential contender stand a chance against Trump and a Republican-dominated Congress?
New Zealand has scrapped plans to introduce a diverted profits tax, but instead proposed legislative changes to transfer pricing that could have equally far-reaching consequences.
Armanino announced yesterday that Nghi Huynh has joined the firm from PwC as a partner in its San Jose office in California. She will be managing the firm’s transfer pricing practice.
A raid on three of Caterpillar’s facilities last week, including its headquarters, is linked to investigations into its subsidiaries in Switzerland, where the company allegedly shifted billions of dollars in profits to avoid paying US taxes.
The OECD and the European Commission (EC) disagree over whether country-by-country reports should be public. But do the different tax transparency policies undermine each other, and what would public CbCR mean for multinationals?
