Tax incentives have long been key in the establishment and development of alternative energy. Lawyers from Shearman & Sterling in London and New York compare how the UK and US governments use incentives to encourage investment and explain why many of these incentives may not be around for much longer.
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Despite the relief, Brazil’s government has also presented a bill which seeks to re-impose a tax burden on companies’ payroll, one local tax specialist told ITR
While successful pillar two implementation will require collaboration across all units, a combination of internal and external tax advice is at the centre of the effort