Indirect taxation, in contrast to direct taxes such as income or corporate tax, encompasses a range of levies that consumers pay indirectly when they purchase goods or services. Examples of these include Value Added Tax (VAT), Goods and Services Tax (GST), and various customs duties. So, they’re integral revenue streams for governments worldwide. But with […]
Understanding the Intricacies of Operational Transfer Pricing (OTP) in Multinationals Transfer pricing policies are an essential aspect of corporate finance for multinational corporations. As businesses grow and expand across borders, they need to manage the prices of goods, services, royalties, and loans between their various entities. The Organisation for Economic Co-operation and Development (OECD) provides […]
In the complex world of business growth strategies, mergers and acquisitions (M&A) stand out as pivotal moves that can transform the fate of both public and private companies. These aren’t just buzzwords tossed around in corporate boardrooms; they are well-thought-out strategies that, in conjunction with nuanced tax planning, can either propel a business to new […]
With advances in technology being rapidly adopted and Brexit finally arriving, 2021 was always going to be a defining year for Tax departments. Factor in the volatility of 2020’s global pandemic and its impact on economies worldwide, and there’s plenty for Tax professionals to focus on this year. We reached out to a number of […]
