Japan is rolling out the red carpet for foreign investors in a bid to jumpstart its economy, which is struggling to recover from severe economic conditions triggered by the global financial crisis, the catastrophic earthquake and tsunami, and a strong yen. Hitoshi Takano, Jonathan Stuart-Smith and Linda Ng of Deloitte explain how newly created special zones and other tax incentives for companies may mean they consider relocating.
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The Fortune 150 energy multinational is among more than 12 companies participating in the initiative, which ‘helps tax teams put generative AI to work’
The ruling excludes vacation and business development days from service PE calculations and confirms virtual services from abroad don’t count, potentially reshaping compliance for multinationals
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There is a shocking discrepancy between professional services firms’ parental leave packages. Those that fail to get with the times risk losing out in the war for talent
They are alleging that leaked tax information ‘unfairly tarnished’ their business operations; in other news, Davis Polk and Eversheds Sutherland made key tax hires
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The OECD profile signals Brazil is no longer a jurisdiction where TP can be treated as a mechanical compliance exercise, one expert suggests, though another highlights 'significant concerns'