Country-by-country reporting (CbCr) is one of four minimum standards under the OECD Base Erosion and Profit Shifting (BEPS) project that aims to improve transparency between multinational businesses and tax authorities, and to help identify aggressive tax avoidance. Under country-by-country reporting, multinational groups with consolidated group revenue of 750 million or more, are required to report…
What is BEPS? Base erosion and profit shifting (BEPS) refers to tax planning strategies used by multinational enterprises that exploit gaps and mismatches in tax rules to avoid paying tax. Developing countries’ higher reliance on corporate income tax means they suffer from BEPS disproportionately. BEPS practices cost countries USD 100-240 billion in lost revenue annually….
Our popular FATCA / CRS Workshop is approximately 1 hour and 30 minutes in length and can be held at your own offices, Midshore’s offices or a location of choice. Typically peak interest for this course is around Q2 of any year, so please contact us in advance to schedule. The course is broken down…
Midshore’s team of consultants have a broad depth in the local tax landscape and global tax reporting obligations. The team have been assisting its clients in tax matters ranging from Foreign Account Tax Compliance Act (FATCA) and EOCD Common Reporting Standard (CRS) to EOCD Country by Country Reporting (CbCr), Base Erosion and Profit Shifting (BEPS)…
CRS Services Midshore have developed a full CRS service offering, which can be tailored to the requirements of your business. The team at Midshore bring together a variety of skills, including regulatory implementation, project management and IT to bring you a holistic solution. CRS is going to be with us for the long-run and businesses…
FATCA Services Midshore have developed a full FATCA service offering, which can be tailored to the requirements of your business. The team at Midshore bring together a variety of skills, including regulatory implementation, project management and IT to bring you a holistic solution. FATCA is going to be with us for the long-run and businesses…