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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Ireland’s Department of Finance reported increased income tax, VAT and corporation tax receipts from 2024; in other news, it’s understood that HSBC has agreed to pay the French treasury to settle a tax investigation
The EU has seemingly capitulated to the US’s ‘side-by-side’ demands. This may be a win for the US, but the uncertainty has only just begun for pillar two