Publish What You Pay Norway has developed a new standard of country-by-country reporting, backed by trade unions and investment companies, which goes beyond the requirements of the EITI and Dodd Frank. National coordinator Mona Thowsen talks to International Tax Review about the benefits of this new standard, not only for tackling tax avoidance, but for companies themselves.
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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