BRITAIN PLAYS CHICKEN WITH HSBC AND JP MORGAN, BIG BANKS WIN… FOR NOW
Two of the largest multinational banking institutions operating in London threatened to decamp for the more tax-friendly pastures of Luxembourg earlier this month, claiming that Great Britain’s heavy tax levies on banks were making it too costly to continue operating in the region.
AN IN-DEPTH DISCUSSION WITH DIRECTOR OF THE OECD’S CENTER FOR TAX POLICY & ADMIN ON BEPS
Reuters Editor-at-Large Axel Threlfall recently sat down with Pascal Saint-Amans, the director of the Center for Tax Policy and Administration at the OECD, for an in-depth discussion on the BEPS initiative.
Could Tax Really Spark A Corporate Exodus From The U.S. And UK?
HSBC and JP Morgan are currently in discussions to relocate parts of their businesses from Great Britain to Luxembourg, reportedly in response to the hefty taxes they must pay related to their London-based operations.
DEVELOPING A PLAN FOR NEW GLOBAL TRANSFER PRICING DOCUMENTATION REQUIREMENTS
The OECD has released new guidance on transfer pricing documentation in response to Base Erosion and Profit Shifting (BEPS). Learn more about these changes and how technology can help navigate the transfer pricing environment.