As the OECD is developing new guidelines to address transfer pricing (TP) risk, including the Country-by-Country (CbC) template, a lack of emphasis resides in the idea that every tax audit involving cross-border issues should require an opening discussion between the taxpayer and the tax authorities of the business, its relevance in that jurisdiction apart from its global business, the functions, assets and risks for that jurisdiction upon which the arm’s length principle is based, and the rationale for the level of income/loss generated during the audit years. 202 more words
Tags » Best Practices
We all make this mistake, and we’ll continue to make this mistake.
It’s the same old story: One of your employees performs really, really well, and because of their performance you move them out of the position they are in and put them in a leadership position. 107 more words
In the ethnically diverse classroom, cultural sensitivity and understanding creates a foundation for teachers to relate to students in a more effective manner. Possessing background knowledge about students can lead to greater ease in curriculum development, and classroom management.