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MDR and DAC6: Why Technology is Critical for this Reporting Requirement

ThomsonReuters

These days, the number one concern of corporate tax departments is clear: keeping up with changing regulations. While BEPS is the wider framework, Action Item 12 provides recommendations for the design of rules that require taxpayers and advisors to disclose aggressive tax planning arrangements.

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Tax Authorities Set an Aggressive Schedule for Global Minimum Tax

ThomsonReuters

The Global Minimum Tax is the latest initiative spinning off of the Base Erosion and Profit Shifting (BEPS) initiative from the Organisation for Economic Co-operation and Development (OECD). This international alignment on corporate taxation will come with unprecedented global transparency and reporting requirements,” she said. “It

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Increase Tax Data Value with Thomson Reuters ONESOURCE

ThomsonReuters

Each time that data is validated by a different system, it gains value and accuracy — and its value is compounded when it is aggregated into a single global tax repository; used in standardized, globally aligned processes; integrated and automated; and then fed into a tax technology strategy and road map. Past project results.

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Tax Data Software: Four Ways to Future-Proof Your Tax Department

ThomsonReuters

The disruptions of 2020 — a pandemic, related regulatory changes, a remote workforce — have changed the business and tax landscape. On the other hand, buying a proven tax data software solution from an experienced technology partner can circumvent these problems while also saving money. Develop your tax data strategy.

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