The world of tax is changing. Now more than ever, effective global tax strategies are essential for high net worth individuals (HNWIs) as well as multinational corporations. A recent study released by the Society of Trust and Estate Planners (STEP) finds that tax competition between all countries is heating up. Meanwhile, industry experts say it [...]
House Foreign Affairs Chairman, Howard Berman, has bashed China’s IP regime, stating, “It’s time for more serious action,” according to National Journal.com. The report states that Berman and others recently met with the National People’s Congress Standing Committee Chairman Wu Bangguo, Vice Premier Wang Qishan, NPC Foreign Affairs Chairman Li Zhaoxing, Foreign Affairs Minister Yang [...]
Multinational corporations have found that revenue agents around the world are scrutinizing intercompany transactions. The Canadian Revenue Agency (CRA) and the IRS, in particular, have increased their emphasis on transfer pricing audits. Experts also say there is mounting evidence that Canada’s relationships with revenue authorities of other countries, including the U.S., are currently strained due [...]
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