Procter & Gamble’s (P&G) operations in Argentina have been suspended because of allegations the company overbilled exports to funnel money out of the country, hiding taxable income. Press coverage has intensified and the boundaries between fact and speculation are becoming increasingly unclear.
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The flagship 2025 tax legislation has sprawling implications for multinationals, including changes to GILTI and foreign-derived intangible income. Barry Herzog of HSF Kramer assesses the impact
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