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For years, the Organisation for Economic Co-operation and Development and G20 countries have prioritised the development of a standardised approach to international taxation, including how to tax the digital economy. A recent proposal may indicate consensus — along with a new international tax architecture — is coming.
In 2013, the Organisation for Economic Co-operation and Development and G20 countries jointly developed an action plan to address base erosion and profit shifting by multinational enterprises.
At Vistra, we can advise you on the exact obligations your business will have to accurately and fully report corporate income, anywhere in the world. And we’ll assist you in preparing the necessary declarations.
Whether you're incorporating a new company or managing compliance with ever-changing local legislation, you're likely to find yourself in need of administrative support.
Local accounting rules often require businesses to keep overseas accounting records in local format. This could mean using a local accounting system, linking with government portals, or using a local chart of accounts, accounting policies and even local language book-keeping.