Tags » International Tax

Union Budget 2016-17: decoding the Government’s stand on cross-border taxes

The NDA Government’s second Union Budget is coming at rather interesting crossroads, from the point of view of international taxation. On one hand, there is persistent reinstatement of efforts toward having a non-adversarial tax regime; while on the other, legislative enforcement of the OECD Base Erosion and Profit Shifting (BEPS) recommendations, which have changed the cross-border tax landscape so significantly, is set to commence. 835 more words

BEPS

International Tax - Updates on Country-by-Country Reporting

31 countries have concluded the Multilateral Competent Authority Agreement (“MCAA”) for the automatic exchange of Country-by-Country reporting.  The OECD is of the view that the MCAA will enable consistent and swift implementation of the new Transfer Pricing Reporting Standards developed under Action 13 of the BEPS Action Plan. 277 more words

IRAS

TAX PLANNING STRATEGIES: CORPORATE INVERSIONS

A corporate inversion is a corporate reorganization whereby a U.S. company redomiciles into a foreign jurisdiction by merging into a surviving foreign corporation. Typically, the result is that a U.S. 481 more words

Mergers And Acquisitions

Latest Corporate Inversion: Johnson Controls and TYCO

According to New York Times’s Dealbook, Johnson Controls has agreed to merge with Tyco to redomicile from the United States to Ireland and thereby reduce its global tax bill. 128 more words

Mergers And Acquisitions

Corporate Development Strategies in 2016

As we enter into the new year, McCullough Sudan is pleased to launch of its new blog: “Corporate Development Strategies” (www.corp-dev.com).  This blog will examine the legal, business and tax aspects of corporate development including mergers, acquisitions, joint ventures, expanding into new foreign and domestic markets, and the development and commercialization of technologies. 237 more words

Mergers And Acquisitions