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.

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