The UK's additional rate of tax, which applies to individuals's taxable income above £150,000 ($237,000), will be reduced from 50% to 45% from April 6 2013. As no anti-forestalling measures have yet been announced, some employers are considering deferring bonuses that may otherwise be paid this tax year until on or after April 6 2013. There are several tax issues, and wider reputational issues, to be considered.
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MNEs are increasingly using algorithmic tools in TP. Sahasranshu Dash argues that data ethics should therefore plug directly into the TP design process
The sprawling legislation phases out Joe Biden-era green tax incentives for businesses; in other news, the UK will reportedly maintain its DST despite US pressure