by Ryan Finley
Treasury and the IRS are working toward a solution to the "gap year" problem by allowing optional country-by-country reporting for 2016, but U.S. multinationals can help their own cause by engaging more in the global debate over corporate tax avoidance, according to Robert Stack, Treasury deputy assistant secretary (international tax affairs).
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by William Hoke
The U.S. and other countries could go a long way toward minimizing multinational enterprises' tax avoidance by using eminent domain to acquire intellectual property from the companies at the lowballed prices they often declare for transfer pricing purposes, according to a paper being written by the University of Maryland's Andrew Blair-Stanek.
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by David McAfee
The OECD expects to have about 100 countries working together to implement its action plan to combat tax base erosion and profit shifting, which will standardize international tax practices, an organization official said.
For the DTR story, go here.
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