To cope with the significant changes in the industrial landscape and attempts to redefine Taiwan’s role in the global business arena, the Taiwan tax authority has significantly reshaped the tax system in the past few years. It is now high time for multinational enterprises to revisit their innovation strategies involving Taiwan, believe Sherry Chang, Karl Chan, Anita Lin and Debra Liu of KPMG
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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