Only a few years ago, discussion of the financial transactions tax (FTT), often referred to as the Tobin tax or a Robin Hood tax, did not go beyond socialists, international development activists or academic circles and had little traction in the political mainstream. But, as the Brussels Tax Forum 2011 heard, public debt is not the only thing on the up after the financial havoc wreaked by the banks and their bailouts.
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Arindam Mitra and Robin Hart examine how aggregate TP rules clash with transaction-level customs rules, creating compliance risks and requiring granular, SKU-level pricing strategies
The OECD’s project was up for debate as Matt Williams spoke to ITR following BDO’s tax strategist survey, which uncovered increased complexity and costs among multinationals