Taxing issues

Start-ups, high-growth and mid-sized businesses may disproportionately be impacted by the high costs of managing corporate taxes and employer tax compliance in new country locations.

Pillar 2 has been ratified by the governments of more than 100 countries, so U.S. multinationals are likely to deal with its effects in many places.

Kirsty Rockwall, Grant Thornton UK, answers three transfer pricing dispute questions providing a unique perspective of practitioners in the UK.

Tackling profit-shifting arrangements requires multinational enterprises to align the conditions of their intercompany transactions with those agreed by independent enterprises for comparable activities, commonly known as the arm's length price.

How the Grant Thornton network can assist you with Pillar 2 compliance.

We round-up the progress on implementation in a selection of leading economies worldwide. We also look at the impact on businesses, likely go live timings and what could potentially delay or derail the process.