Beyond Borders: Navigating Global Business Compliance With the FCPA
Companies with any international operations should ensure they have a robust written policy and compliance program focused on anti-bribery and -corruption.
To sort out how the BEPS Project will impact corporate treasury teams, Treasury & Risk sat down with Deloitte principal Melissa Cameron.
T&R: First, what is the goal of the BEPS Project?
Melissa Cameron: At the 30,000-foot level, the OECD and other countries that have joined in the BEPS Project are seeking a global tax reset. The initiative consists mainly of recommendations on 15 topics, with the goal of these “actions” being implemented by taxing authorities around the world. The recommendations have a common theme of preventing shifts in the corporate income tax base away from the tax jurisdictions where the activity that generated the income occurred.
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Companies with any international operations should ensure they have a robust written policy and compliance program focused on anti-bribery and -corruption.
“A considerable level of uncertainty is likely to dominate the Mexican legal landscape for the foreseeable future.”
The rule is New Jersey’s answer to the question of how to properly source the income of an employee who works at home in one state, for an employer in another state.
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