The opening of Myanmar to the world and its ongoing transition to an open economy has generated a huge amount of interest from multinational companies looking to capitalise on Asia’s latest emerging economy. With the entry of multinationals, Jack Sheehan and Bernard Cobarrubias of DFDL look at the renewed interest in cross-border transactions and naturally, international tax planning.
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The US president also unveiled a new 50% levy on copper imports; in other news, a UK wealth tax proposal has been criticised by the Institute for Fiscal Studies
MNEs are increasingly using algorithmic tools in TP. Sahasranshu Dash argues that data ethics should therefore plug directly into the TP design process