Morrie Cheng is Asia head of tax for Sun Life, a Canadian multinational provider of financial services and wealth management products to individuals and corporations. The company operates in jurisdictions such as the US, UK, Bermuda, Indonesia, Philippines and India. Cheng speaks to Ralph Cunningham of International Tax Review about running a regional tax department, how he sees his role as taking care of the tax foundations, such as compliance and financial reporting, what causes tension with tax authorities and what kind of in-house and external adviser he needs.
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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