Members of the EU Parliament have welcomed an EU Commission proposal for an anti-tax avoidance directive but demanded tougher rules on foreign income and stricter limits on deductions of interest payments. They also called for more transparency for trust funds and foundations, common rules for “patent box” tax reductions on… – Continue reading
MANILA, Philippines – Corporations may soon be subject to a transfer pricing audit, a new type of tax audit, from the Bureau of Internal Revenue (BIR). Transfer pricing is used to describe inter-company pricing arrangements relating to transactions between related entities. These can include transfers of intellectual property, tangible goods,… – Continue reading
Lawmaker says show of support from KC leaders had an impact KANSAS CITY, Mo. —A Missouri bill aimed at abolishing the earnings taxes in Kansas City and St. Louis is changing. As KMBC 9 News first reported Wednesday night, a new version of the bill will no longer include Kansas… – Continue reading
