The European Council for Economic and Financial Affairs (Ecofin) will push ahead with gaining agreement on the implementation of the quick reaction mechanism (QRM) to combat VAT fraud. However businesses are still concerned about the effect of an additional compliance burden.
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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