Global tax reform, ineffective use of technology, and economic uncertainty are putting significant strain on businesses’ transfer pricing (TP) capabilities, according to the 2024 EY International Tax and Transfer Pricing Survey.
Finance - Global tax reform, ineffective use of technology, and economic uncertainty are putting significant strain on businesses’ transfer pricing (TP)
Duong Hoang, partner and head of Tax at KPMG in Vietnam, offered VIR’s Luu Huong insights into this transformative phase, highlighting the synergies between Vietnam’s tax strategy and its quest to remain a magnet for foreign funding.
Finance ministers and central bank chiefs from G20 nations, officials from other nations and multilateral agencies last week debated reforming the global tax architecture to stop cross-border tax avoidance by MNCs
Estonia has opposed an initiative to establish a global minimum corporate tax rate of 15 percent for large companies, claiming the package, which concerns European Union member states but was brokered by the Organization for Economic Cooperation and Development (OECD) in autumn, has gone beyond what was originally agreed, Minister of Finance Keit Pentus-Rosimannus (Reform) says.