Andreas Helbing and Fabian Duss of ADB Altorfer Duss & Beilstein outline the rules applying to bookkeeping in foreign currency and the translation of financial statements into local currency and look at how multinational groups are affected by a landmark court decision about the tax treatment of translation differences.
Unlock this content.
The content you are trying to view is exclusive to our subscribers.
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