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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.
Whether you’re a tech start-up expanding into another country for the first time, an established multinational or a private equity firm preparing to acquire part of another company, you need to know your options for employing workers across borders.
The pandemic has affected the global economy in countless ways, from lowering demand for oil to increasing demand for personal protective equipment. Supply chains in particular have been transformed, affecting businesses in all sectors.
On 1 January 2020, the EU and UK began a 12-month Brexit transition period. The interval was designed to give both sides time to negotiate and conclude a free trade agreement.
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.
Over the past half dozen years, a number of countries have implemented laws to account for the evolving digitalised economy.