Will your group’s taxes take off? Or will you outfox the OECD?
The pledge, led by the US and the European Union, will be formally presented at November's UN Climate Change Conference (COP26) in Glasgow.
Heavily-cited OECD price calculations for the years 2005-2017, included distortions that made Israeli prices appear to be higher than they actually were.
The Organization for Economic Cooperation and Development recently published data showing that tax havens are not only sunny offshore islands, they are also onshore and closer than you may think.
Since the 2008 global financial crisis, housing prices in Israel have soared by 214%, more than tripling themselves.
Don’t think only the tech giants are affected. E-commerce businesses of all sizes are targeted by separate but related income, VAT and sales tax changes afoot in the US, EU, UK and OECD.
This is highly relevant to international business and investment, as well as immigrants.
The OECD guidance should help multinationals close their books for 2020 by clarifying how to use comparable published data about unrelated groups.
While the types of illegal services provided by professional enablers vary in each jurisdiction, common trends emerge from comparative experience.
A-liberal leaders and political parties have tightened their hold on power over the past two decades in many countries, Israel included.