US President Obama and Russian President Putin share a coffee. Amid the revelations by Russian President Vladimir Putin about the financiers of global terror, the Group of Twenty spared some time to agree the way forward in the area of international tax diplomacy. Here is what they agreed: 1.To reach a globally fair and modern … More The G-20 Antalya Summit and BEPS.
(Knitted caps adorn fruit smoothies at the World Economic Forum in Davos) Speaking at the World Economic Forum in response to a question about whether the “enormous moral and public pressure to pay more tax” would discourage investment in the UK”, the UK Prime Minister called for more multilateral deals on automatic information exchange, including with developing … More Cameron Calls for Multilateral Deals on Automatic Exchange of Tax Information…And More!
1. Meeting from October 26-27 in Cape Town, South Africa, the OECD Global Forum on Transparency and Exchange of Information for Tax Purposes ( ‘The Global Forum’) welcomed 10 new members: Albania, Burkina Faso, Cameroon, Gabon, Kazakhstan, Latvia, Lithuania, Pakistan, Tunisia and Uganda. It also welcomed the Centre de rencontres et d’études des dirigeants des … More 7 Key Outcomes of the 2012 Meeting of the OECD Global Forum.
Let’s say you own a Circus and 90% of your revenue is generated internationally but you pay $25 in taxes out of every $100 you earn in royalties from the use of your trademark. Let’s say that you could legally ‘ship’ your trademark offshore to a country where the tax on royalties is 5.72% saving … More Cirque Joins the Circus: Quelle Surprise?!