Is tax avoidance the only motivation for multinationals with foreign affiliates in ‘tax havens’? This research on German multinationals paints an entirely different picture. What follows in its entirety is research by the Center for Economic Policy Research (CEPR) on what motivates German manufacturing and services multinationals (excluding financial services) to invest in ‘tax … More Why German Multinations Invest in Tax Havens
I AM NOT A FAN OF THE USE OF UNILATERAL MEASURES IN international diplomacy; including the use of tax haven or other types of blacklists related to compliance with global norms on transparency and information exchange. Although we often think of this kind of state action in the context of armed conflict where there are … More OP-ED: Why Europe is Ill-Suited For The Business of Blacklisting So-Called ‘Non-Cooperative’ Jurisdictions.
“Our growth, to be strong, must be reinforced by inclusive, robust and sustainable trade and investment growth.” –G20 Leaders’ Communiqué 2016 Against the backdrop of an uneven global economic recovery, subpar global trade and investment growth, trade disputes and the recently held Brexit referendum vote in the UK, trade and investment were top of mind … More G20 LEADERS’ HANGZHOU SUMMIT: TRADE AND INVESTMENT TAKEAWAYS
(Photo: Guardian ) The G20 Leaders Summit took place from September 4-5 in Hangzhou, China. Here is what they agreed on international tax reform. 19. We will continue our support for international tax cooperation to achieve a globally fair and modern international tax system and to foster growth, including advancing on-going cooperation on base erosion … More The Tax-Related Aspects of the G20 Leaders’ Communique Hangzhou Summit
FRANHENDY ATTORNEYS TAX ALERT Growth Returns to the Barbados Economy. Trajectory is Not Assured. No Additional Direct Tax Measures to Support the International Business and Financial Services Sector (IBFSS). Emphasis on Public-Private Sector Partnership to Spur Growth in the IBFSS Summary of the 2016 Budgetary Proposals: Removal of the imposition of duty on yachts remaining in Barbados … More FHA TAX ALERT – Barbados 2016 Budget
First a FATCA refresher: FATCA is the acronym for the provisions under the the US Foreign Account Tax compliance Act which became law in March 2010. FATCA targets tax non-compliance by U.S. taxpayers with foreign accounts. FATCA focuses on reporting by U.S. taxpayers about certain foreign financial accounts and offshore assets by foreign financial institutions about … More FATCA Update.