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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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