Multinational enterprises (MNEs) must stay on their toes to deal with numerous changes in Singapore’s tax and transfer pricing regulatory framework enacted in the last year, as well as those still to come.
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The new guidance is not meant to reflect a substantial change to UK law, but the requirement that tax advice is ‘likely to be correct’ imposes unrealistic expectations
China and a clutch of EU nations have voiced dissent after Estonia shot down the US side-by-side deal; in other news, HMRC has awarded companies contracts to help close the tax gap