Tags » International Tax

Apple , Ireland and the European Commission

The EU Commission is suggesting that Apple should have been paying more tax and that Ireland aided them in achieving that outcome. If Apple was compliant with legislation / regulation at the time they should not be thrown under the bus of inappropriate transfer pricing practices and being a poor global (corporate) citizen . 159 more words


Governments Meet To Discuss BEPS Solutions

Almost 300 senior tax officials from more than 100 countries and international organisations met in Paris on September 25-26, 2014, during the 19th Annual Global Forum on Tax Treaties to discuss solutions to unintended double non-taxation caused by base erosion and profit shifting (BEPS). 153 more words


Thinking of abandoning green card without a formal surrender? Think again!

In a recent court case, the taxpayer who argued that by living in Germany for many years and selling his US properties a long time back, he had relinquished his Lawful Permanent Residence (LPR) or a green card and hence should not be subject to US taxes on his income. 251 more words


IRS says inverted companies won't be allowed to access foreign earnings without paying US tax

IRS announced that it intends to issue regulations under Code Sec. 304(b)(5)(B), Code Sec. 367 , Code Sec. 7701(l), and Code Sec. 7874 with respect to corporate inversion transactions. 126 more words

Global Tax

UN-OECD Organize BEPS Workshop

On September 23, 2014, the Financing for Development Office of UN-DESA organized, in cooperation with the Organisation for Economic Cooperation and Development’s Center for Tax Policy and Administration, the 2nd workshop on “Tax Base Protection for Developing Countries” with the participation of representatives of developing countries. 57 more words


Viva, Barcelona!

‘In the beginning was the word’ might have been the take on things in the Gospel according to John, but by my calculation, the oldest profession has never had much use for words (other than when haggling over price), and the second oldest profession (mine) has always relied on numbers; in any event, some years ago we merged. 581 more words

International Tax

AMCHAM Ireland Responds To BEPS Deliverables

The American Chamber of Commerce in Ireland (AMCHAM Ireland) has released a statement on the release of the recommendations on base erosion and profit shifting (BEPS) by the Organisation for Economic Cooperation and Development (OECD) on September 16, 2014. 290 more words