Posted in Tax Law

New international pact launched to end tax ‘treaty shopping’

This multilateral tax treaty sets minimum standards to avoid abuses + defines a company’s taxable presence in a country + lays out plans for settling double taxation disputes between governments.

The main hubs (NL, Singapore, Seychelles, Belgiuum and the like) have signed or are about to sign, while theabsence of the US is quite noteworthy, although good old Pascal doesn’t look too concerned.

Source

Advertisements

Author:

Junior Legal Counsel with a remarkable lust for legal and business knowledge

Share your insights with a comment

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s