HR Innovation offers advanced thinking about the challenges that should be uppermost on the minds and agendas of organizations and their Human Resources (HR) leaders. In this issue of HR Innovation, we focus on Total Rewards, and delve into the challenges employers face of getting their employees' "total rewards" packages right.
The IRS issued proposed regulations under the ACA that will help employers to determine, disclose and report whether their health plans provide ‘minimum value.’
Argentine National Tax Court rules in favor of Akapol arguing that an exclusive distribution agreement alone does not create by itself an economic relationship
Argentine National Tax Court rules in favor of Akapol arguing that an exclusive distribution agreement alone does not create by itself an economic relationship
14 May 2013
| Global Equity Compensation Newsletter
Legislative updates in Australia - 2013 employee share scheme reporting deadline, Denmark - upfront taxation on RSUs, UK - Impact of the Finance Bill 2013.
Global mobility trends have been changing in recent years. Whereas earlier assignments meant a three to five-year relocation followed by a return home, more recently global mobility has developed differently in response to business demands and employee preferences. Focus is more on short term assignments and various new forms of mobility such as business travellers, project-based assignments, commuters, ‘backpacker’ arrangements and ‘global nomads’.
Important guidance for entities that are classified as FFIs under FATCA and considering applying for qualified intermediary, withholding foreign partnership, or withholding foreign trust status.
Indian Government issued a notification for FY 2012-13 (AY 2013-14), which specifies the tolerance band to be 1% for wholesale traders and 3% in all other cases
Colorado DOR allowed a bank to utilize a market-based alternative apportionment method to source receipts derived from investing and trading activities
Taxpayers are given timely insight into the benefical extension of the ‘enhanced’ deduction for charitable contributions of food inventory and other topics.
La Cour fédérale du Canada a rendu sa décision dans l’affaire Soft-Moc Inc., prenant parti pour le Ministre du Revenu national et l’Agence du Revenu du Canada.
The Brazilian government increased the gross revenue limitation for companies to elect the Presumed Profits Method (PPM) for computing Brazilian income tax.
Argentine taxpayers are required to file the TP Report in digital format, and it must be certified by CPA and authenticated by CPA's Professional Board.
US District Court concluded a policyholder had basis in the shares of stock received in connection with the demutualization of five life insurance companies.
Under ERISA, sponsors of defined benefit pension plans are required to notify the Pension Benefit Guaranty Corporation of certain plan and corporate events.
08 April 2013
| Customs and International Trade Communique Europe
Customs authorization, multifunctional printers, set top boxes, BTI, AEO status, customs audits, customs value law for non-resident importers, Explanatory Notes.
The UK Chancellor of the Exchequer delivered his 2013 Budget on March 20, 2013. The Chancellor reinforced the message that the United Kingdom is ‘open for business’.
Court granted an extension to file the petition requesting consideration of the issue in Quality Stores as to certain severance payments are wages for FICA
IRS issued proposed regs on $500,000 compensation deduction limit for remuneration paid to employees officers & directors of certain health insurance providers.
Payments to certain salaried employees pursuant to a ‘voluntary separation program’ do not constitute ‘wages’ eligible for the Section 41 research credit.
When tax collector fails to act on refund claim, taxpayer is not compelled to pay under protest and there is no time limitation for refund claim review
Governor signs budget bill revising royalty addback, reducing manufacturer, extending MTA surcharge, increasing personal income rate on highest brackets
In this issue we review the payment and conflict mineral disclosures mandated by the Dodd-Frank Act, discuss Russia’s elimination of tariffs on certain metals, consider the constitutionality of certain coal mining reclamation payments, and provide an overview of U.S. state tax developments pertaining to the mining industry.
29 March 2013
| Entertainment, Media and Communications Tax Newsletter
This quarterly publication discusses critical tax legislation and regulatory developments that may impact entertainment, media and communications companies
U.S. Competent Authority statistics reveal high level of double tax relief and faster processing times, but a jump in U.S.-initiated transfer pricing cases
House Ways and Means issued a 'small business' tax reform discussion draft that features proposals affecting large and small partnerships and S corporations.
The exchange by an irrevocable trust of one life insurance policy for another qualifies as a like kind exchange.In PLR 201304003, the IRS concluded that the exchange by an irrevocable trust of one life insurance policy for another qualifies as a like kind exchange under section 1035.
Taxpayers are reminded of general asset account considerations in preparing 2012 tax returns, as well as the extension of various depreciation provisions.
US multinationals continued shift from direct to indirect taxes, recent VAT rate increases in the Czech Republic, Cyprus, Finland and the Dominican Republic.
TP to Go is a new mobile application from the PwC global transfer pricing network that brings the best thought leadership from the network directly to your current smart phone. TP to Go is free to download on iOS, Android, and BlackBerry.
HR Innovation offers advanced thinking about the challenges that should be uppermost on the minds and agendas of organizations and their Human Resources (HR) leaders. In this issue of HR Innovation, we focus on Healthcare for Employers, and bring to light where the opportunities and obstacles might lie post-health reform and where different paths might lead.
20 December 2012
| Entertainment, Media and Communications Tax Newsletter
This quarterly publication focuses on critical tax legislation and regulatory developments that may impact entertainment, media and communications companies.
Updates on federal income tax issues including accounting methods and inventories, depreciation, long-term contract accounting, leasing, fringe benefits
12 December 2012
| Global Tax Accounting Quarterly
In this release, we discuss decisions of the International Financial Reporting Interpretations Committee along with other accounting and reporting developments.
Canada's comprehensive income tax, Singapore's antimoney laundering laws to tax crimes, US PepsiCo opinion, Switzerland and Hong Kong taxation agreement
On November 8, a group of PwC Global Structuring Partners facilitated an engaging discussion with a group of senior tax professionals on a range of issues impacting the way multinational corporations align global structures to manage their US tax burden.
PwC Global Green Policy Insights will help you to stay abreast of international developments in the rapidly evolving area of green taxes and regulation, and offers valuable insights from our global network of specialists on what these developments mean for business.
Learn how and why BRIC countries have made strides as manufacturing and services countries and are now developing into significant end markets for multinationals.
Updates on federal income tax issues including accounting methods and inventories, depreciation, long-term contract accounting, leasing, fringe benefits.
HR Innovation offers advanced thinking about the challenges that should be uppermost on the minds and agendas of organizations and their Human Resources (HR) leaders.
OECD published its revised proposals on Permanent Establishments in a paper entitled 'OECD Model Tax Convention: Revised Proposals concerning the Interpretation and Application of Article 5 (Permanent Establishment)'.
In this issue: Upcoming events, Sector news, Shared services, The top 10 misconceptions about developing a dashboard- Part 3, High Performer Mobility Rate.
24 October 2012
| Managing Your Wealth: Guide to tax and wealth management
PwC’s 2013 year-end guide to tax and wealth management offers guidance for strategic tax planning, managing your portfolio, charitable giving, estate and gift planning, business succession planning and other topics.
22 October 2012
| Global Equity Compensation Newsletter
Legislative updates in: Denmark, France, Malaysia, Paraguay, United Kingdom, United States."In this issue:Denmark - Changes in Danish tax rules regarding expatriates may affect the field of share based remunerationFrance - Proposed changes to the income and social tax treatment of qualified stock option and free share awardsMalaysia - Proposed 2013 budget may limit corporate tax deductions for chargebacks of equity award costsParaguay - Personal Income Tax Obligations Re-enactedUnited Kingdom - HMRC confirms availability of electronic NIC electionsUnited States - 2013 Social Security Wage Base Increase Announced"
18 October 2012
| US Accounting & Tax Newsletter (Japanese edition)
This quarterly publication, in Japanese, covers the latest tax and financial accounting topics that relate to inbound Japanese companies in the United States.
Corporate income tax paid by companies is an important element of the Total Tax Contribution made by companies. Calculating these taxes is often complex, varies from country to country, applies a variety of statutory rates and the rate of tax paid is usually different from those statutory rates. Understanding more fully the impact of corporate income taxes and comparing the systems implemented around the world on a like for like basis is therefore important for governments, business, and the public at large.
This quarterly publication provides updates on research & development credits and incentives available to domestic and multinational organisations around the world.
With analysis and insight on policy changes around the world, these bulletins help you stay up-to-date with the latest developments and explain what these changes mean for you and your business.
Updates on federal income tax issues including accounting methods and inventories, depreciation, long-term contract accounting, leasing, fringe benefits
Global Green Policy Insights is a bimonthly update on the latest developments in environmental taxes, regulations, and other "green" policies around the world. Written by PwC specialists around the world, they provide timely updates on new tax incentives, credits, and policy issues of interest to multinational organisations.
PwC and the National Association of Stock Plan Professionals (NASPP) are pleased to announce the release of the 2012 Global Equity Incentives Survey (GEIS): “Back to the Basics”— Executive Summary. Our survey is one of the most comprehensive studies available on the design and administration of equity incentive compensation plans for multinational companies.
HR Innovation offers advanced thinking about the challenges that should be uppermost on the minds and agendas of organizations and their Human Resources (HR) leaders. In this issue of HR Innovation, we focus on Total Rewards, and delve into the challenges employers face of getting their employees' "total rewards" packages right.
The IRS issued proposed regulations under the ACA that will help employers to determine, disclose and report whether their health plans provide ‘minimum value.’
Argentine National Tax Court rules in favor of Akapol arguing that an exclusive distribution agreement alone does not create by itself an economic relationship
14 May 2013
| Global Equity Compensation Newsletter
Legislative updates in Australia - 2013 employee share scheme reporting deadline, Denmark - upfront taxation on RSUs, UK - Impact of the Finance Bill 2013.
These alerts provide analysis of the impact of major transfer pricing, tax, and related developments within hours of the news breaking, authored by PwC professionals around the world. Each alert is classified by the country or territory to which it pertains.
Global mobility trends have been changing in recent years. Whereas earlier assignments meant a three to five-year relocation followed by a return home, more recently global mobility has developed differently in response to business demands and employee preferences. Focus is more on short term assignments and various new forms of mobility such as business travellers, project-based assignments, commuters, ‘backpacker’ arrangements and ‘global nomads’.
Important guidance for entities that are classified as FFIs under FATCA and considering applying for qualified intermediary, withholding foreign partnership, or withholding foreign trust status.
Taxpayers are given timely insight into the benefical extension of the ‘enhanced’ deduction for charitable contributions of food inventory and other topics.
The Brazilian government increased the gross revenue limitation for companies to elect the Presumed Profits Method (PPM) for computing Brazilian income tax.
US District Court concluded a policyholder had basis in the shares of stock received in connection with the demutualization of five life insurance companies.
Under ERISA, sponsors of defined benefit pension plans are required to notify the Pension Benefit Guaranty Corporation of certain plan and corporate events.
08 April 2013
| Customs and International Trade Communique Europe
Customs authorization, multifunctional printers, set top boxes, BTI, AEO status, customs audits, customs value law for non-resident importers, Explanatory Notes.
IRS issued proposed regs on $500,000 compensation deduction limit for remuneration paid to employees officers & directors of certain health insurance providers.
Court granted an extension to file the petition requesting consideration of the issue in Quality Stores as to certain severance payments are wages for FICA
The UK Chancellor of the Exchequer delivered his 2013 Budget on March 20, 2013. The Chancellor reinforced the message that the United Kingdom is ‘open for business’.
Payments to certain salaried employees pursuant to a ‘voluntary separation program’ do not constitute ‘wages’ eligible for the Section 41 research credit.
In this issue we review the payment and conflict mineral disclosures mandated by the Dodd-Frank Act, discuss Russia’s elimination of tariffs on certain metals, consider the constitutionality of certain coal mining reclamation payments, and provide an overview of U.S. state tax developments pertaining to the mining industry.
29 March 2013
| Entertainment, Media and Communications Tax Newsletter
This quarterly publication discusses critical tax legislation and regulatory developments that may impact entertainment, media and communications companies
House Ways and Means issued a 'small business' tax reform discussion draft that features proposals affecting large and small partnerships and S corporations.
The exchange by an irrevocable trust of one life insurance policy for another qualifies as a like kind exchange.In PLR 201304003, the IRS concluded that the exchange by an irrevocable trust of one life insurance policy for another qualifies as a like kind exchange under section 1035.
Organizations with operations in Colombia will need to determine the tax accounting implications of the new legislation for their financial statements.
The Net Investment Income Tax is a 3.8% tax on certain types of income that exceed threshold amounts that must be paid by individuals, estates and trusts.
Taxpayers are reminded of general asset account considerations in preparing 2012 tax returns, as well as the extension of various depreciation provisions.
The excise tax for offshore medical device manufacturers in Puerto Rico has been set to 4% for taxable periods from January 1, 2013 until December 31, 2017.
The FAF announced that FASB Statement 109, 'Accounting for Income Taxes' will be the next standard for which it will conduct a post-implementation review (PIR).
Cloud computing is a global phenomenon. But what are the VAT/GST ramifications of the cloud services you are purchasing, providing, or both? PwC explains in this paper.
The Discussion Draft proposals would most significantly impact taxpayers that execute financial transactions as part of a trading or investment strategy.
US multinationals continued shift from direct to indirect taxes, recent VAT rate increases in the Czech Republic, Cyprus, Finland and the Dominican Republic.
TP to Go is a new mobile application from the PwC global transfer pricing network that brings the best thought leadership from the network directly to your current smart phone. TP to Go is free to download on iOS, Android, and BlackBerry.
HR Innovation offers advanced thinking about the challenges that should be uppermost on the minds and agendas of organizations and their Human Resources (HR) leaders. In this issue of HR Innovation, we focus on Healthcare for Employers, and bring to light where the opportunities and obstacles might lie post-health reform and where different paths might lead.
20 December 2012
| Entertainment, Media and Communications Tax Newsletter
This quarterly publication focuses on critical tax legislation and regulatory developments that may impact entertainment, media and communications companies.
Updates on federal income tax issues including accounting methods and inventories, depreciation, long-term contract accounting, leasing, fringe benefits
12 December 2012
| Global Tax Accounting Quarterly
In this release, we discuss decisions of the International Financial Reporting Interpretations Committee along with other accounting and reporting developments.
Canada's comprehensive income tax, Singapore's antimoney laundering laws to tax crimes, US PepsiCo opinion, Switzerland and Hong Kong taxation agreement
On November 8, a group of PwC Global Structuring Partners facilitated an engaging discussion with a group of senior tax professionals on a range of issues impacting the way multinational corporations align global structures to manage their US tax burden.
PwC Global Green Policy Insights will help you to stay abreast of international developments in the rapidly evolving area of green taxes and regulation, and offers valuable insights from our global network of specialists on what these developments mean for business.
Learn how and why BRIC countries have made strides as manufacturing and services countries and are now developing into significant end markets for multinationals.
HR Innovation offers advanced thinking about the challenges that should be uppermost on the minds and agendas of organizations and their Human Resources (HR) leaders.
Updates on federal income tax issues including accounting methods and inventories, depreciation, long-term contract accounting, leasing, fringe benefits.
OECD published its revised proposals on Permanent Establishments in a paper entitled 'OECD Model Tax Convention: Revised Proposals concerning the Interpretation and Application of Article 5 (Permanent Establishment)'.
In this issue: Upcoming events, Sector news, Shared services, The top 10 misconceptions about developing a dashboard- Part 3, High Performer Mobility Rate.
24 October 2012
| Managing Your Wealth: Guide to tax and wealth management
PwC’s 2013 year-end guide to tax and wealth management offers guidance for strategic tax planning, managing your portfolio, charitable giving, estate and gift planning, business succession planning and other topics.
22 October 2012
| Global Equity Compensation Newsletter
Legislative updates in: Denmark, France, Malaysia, Paraguay, United Kingdom, United States."In this issue:Denmark - Changes in Danish tax rules regarding expatriates may affect the field of share based remunerationFrance - Proposed changes to the income and social tax treatment of qualified stock option and free share awardsMalaysia - Proposed 2013 budget may limit corporate tax deductions for chargebacks of equity award costsParaguay - Personal Income Tax Obligations Re-enactedUnited Kingdom - HMRC confirms availability of electronic NIC electionsUnited States - 2013 Social Security Wage Base Increase Announced"
18 October 2012
| US Accounting & Tax Newsletter (Japanese edition)
This quarterly publication, in Japanese, covers the latest tax and financial accounting topics that relate to inbound Japanese companies in the United States.
Corporate income tax paid by companies is an important element of the Total Tax Contribution made by companies. Calculating these taxes is often complex, varies from country to country, applies a variety of statutory rates and the rate of tax paid is usually different from those statutory rates. Understanding more fully the impact of corporate income taxes and comparing the systems implemented around the world on a like for like basis is therefore important for governments, business, and the public at large.
With analysis and insight on policy changes around the world, these bulletins help you stay up-to-date with the latest developments and explain what these changes mean for you and your business.
Updates on federal income tax issues including accounting methods and inventories, depreciation, long-term contract accounting, leasing, fringe benefits
This quarterly publication provides updates on research & development credits and incentives available to domestic and multinational organisations around the world.
Global Green Policy Insights is a bimonthly update on the latest developments in environmental taxes, regulations, and other "green" policies around the world. Written by PwC specialists around the world, they provide timely updates on new tax incentives, credits, and policy issues of interest to multinational organisations.
PwC and the National Association of Stock Plan Professionals (NASPP) are pleased to announce the release of the 2012 Global Equity Incentives Survey (GEIS): “Back to the Basics”— Executive Summary. Our survey is one of the most comprehensive studies available on the design and administration of equity incentive compensation plans for multinational companies.
PwC Global Green Policy Insights will help you to stay abreast of international developments in the rapidly evolving area of green taxes and regulation, and offers valuable insights from our global network of specialists on what these developments mean for business.
Timely updates on federal income tax issues including accounting methods and inventories, depreciation, long-term contract accounting, leasing, fringe benefits.
20 September 2012
| Global Equity Compensation Newsletter
The equity compensation updates are focused on assisting our clients with strategy, design, implementation, administration, maintenance, and ongoing evaluation of domestic and international stock plans to ensure support of business objectives and recruiting and retention needs.
In a world of economic uncertainty and state budget deficits, taxpayers are facing increased pressure from both the financial and tax side of the house.
19 September 2012
| Entertainment, Media and Communications Tax Newsletter
This quarterly publication focuses on critical tax legislation and regulatory developments that may impact entertainment, media and communications companies.
12 September 2012
| Credits and Incentives Quarterly
Authors advance the theme of knowledge. Knowledge can prevent missed tax credit opportunities and can help your company increase its state tax credits.
Our Tax policy Perspectives series provides insight into specific topics influencing global tax policy developments, including in-depth analysis of trends in specific jurisdiction. Drawing on case law, practical experience, and knowledge of tax systems worldwide, we'll provide a global perspective on each subject area, look at how it is currently playing out in a few contrasting territories and suggest the pivotal challenges to come.
Important guidance for entities that are classified as FFIs under FATCA and considering applying for qualified intermediary, withholding foreign partnership, or withholding foreign trust status.
US District Court concluded a policyholder had basis in the shares of stock received in connection with the demutualization of five life insurance companies.
The UK Chancellor of the Exchequer delivered his 2013 Budget on March 20, 2013. The Chancellor reinforced the message that the United Kingdom is ‘open for business’.
Payments to certain salaried employees pursuant to a ‘voluntary separation program’ do not constitute ‘wages’ eligible for the Section 41 research credit.
In this issue we review the payment and conflict mineral disclosures mandated by the Dodd-Frank Act, discuss Russia’s elimination of tariffs on certain metals, consider the constitutionality of certain coal mining reclamation payments, and provide an overview of U.S. state tax developments pertaining to the mining industry.
29 March 2013
| Entertainment, Media and Communications Tax Newsletter
This quarterly publication discusses critical tax legislation and regulatory developments that may impact entertainment, media and communications companies
House Ways and Means issued a 'small business' tax reform discussion draft that features proposals affecting large and small partnerships and S corporations.
The exchange by an irrevocable trust of one life insurance policy for another qualifies as a like kind exchange.In PLR 201304003, the IRS concluded that the exchange by an irrevocable trust of one life insurance policy for another qualifies as a like kind exchange under section 1035.
The excise tax for offshore medical device manufacturers in Puerto Rico has been set to 4% for taxable periods from January 1, 2013 until December 31, 2017.
The Discussion Draft proposals would most significantly impact taxpayers that execute financial transactions as part of a trading or investment strategy.
Yesterday, the IRS announced that a second round allocation of $150 million in tax credits will be available for advanced energy manufacturing property.
Companies with manufacturing operations in Puerto Rico (PR) are subject to an excise tax on goods or services provided to offshore-related entities under Act 154 of the Internal Revenue Code. The excise tax is imposed in lieu of the PR income tax that otherwise would apply as a result of the source rule.
This WNTS Insight will provide updates on important treaties and protocols between the United States and key countries in Europe, Asia, and South America.
The US Department of the Treasury and the Internal Revenue Service provided welcome relief on a number of key issues for the asset management industry.
IRS Large Business and International (LB&I) Commission issued a directive not to challenge qualified research expenditures (QREs) claimed by taxpayers in the pharmaceutical sector during Stage 1 (discovery and preclinical stage) or Stage 2 (clinical trial stage) of the pharmaceutical development process if the taxpayer provides a Certification Statement regarding those QREs.
President Obama signed the American Taxpayer Relief Act of 2012 (the Act) which freezes tax rates and retroactively reinstates certain business tax incentives that expired such as the research and development (R&D) tax credit for pharmaceutical and life sciences companies. This Alert provides guidance on accounting for the retroactive reinstatement of the R&D tax credit.
American Taxpayer Relief Act of 2012 extends the research credit for two years and resolves an issue regarding the treatment of qualified research expenditures
Proposed regs to implement and expand the application of a voluntary IRS pilot program that permits filers to truncate taxpayer identification numbers (TINs).
Renewable and alternative energy provisions, including a one-year extension of the production tax credit for wind energy and a one-year extension of bonus depreciation.
The IRS Office of Chief Counsel concluded that the exclusion from the section 199 deduction for repackaging and labeling activities does not apply to a taxpayer that repackages and labels pills it did not manufacture.
20 December 2012
| Entertainment, Media and Communications Tax Newsletter
This quarterly publication focuses on critical tax legislation and regulatory developments that may impact entertainment, media and communications companies.
The expected onslaught of intergovernmental agreements (IGAs) implementing the tax reporting and withholding procedures associated with FATCA has begun.
OECD recently issued several updates and consultations relevant to transfer pricing that could have important consequences for multinational enterprises.
The IRS and US Treasury Department have published regulations notice and FAQs implementing the Medical Device Excise Tax. Read more in this issue of Medical Devices Tax News.
PwC Global Green Policy Insights will help you to stay abreast of international developments in the rapidly evolving area of green taxes and regulation, and offers valuable insights from our global network of specialists on what these developments mean for business.
The IRS has issued loss payment patterns and discount factors (Rev. Proc. 2012-44) and salvage discount factors (Rev. Proc. 2012-45) applicable to accident year 2012.
Treasury published the second model intergovernmental agreement (IGA) (Model 2) for implementing the broad-ranging provisions of the Foreign Account Tax Compliance Act.
Final regulations regarding deduction and capitalization of expenditures related to tangible property (the final repairs regulations) are expected to be released in 2013.
This article explores the uncertainty that could arise as to which party must bear the burden of the nondeductible fee when the branded drug is co-developed with, or licensed to, another pharmaceutical company under a collaboration agreement.
The IRS Large Business and International (LB&I) Commission issued a memorandum to all LB&I employees regarding examination of section 41 research credit claims in the pharmaceutical sector. The IRS is expected to use it as a model for examinations of R&D in other industry sectors.
A recent ruling by the Supreme Court of Canada involving the determination of an arm's length price between a Canadian pharmaceutical company and its foreign affiliate.
UN Committee of Experts on International Cooperation in Tax Matters (the Subcommittee) approved the current unedited version of the UN Transfer Pricing Manual
Global Green Policy Insights is a bimonthly update on the latest developments in environmental taxes, regulations, and other "green" policies around the world. Written by PwC specialists around the world, they provide timely updates on new tax incentives, credits, and policy issues of interest to multinational organisations.
This quarterly publication provides updates on research & development credits and incentives available to domestic and multinational organisations around the world.
An increasing number of lawsuits are being filed by technology companies surrounding patent infringement, unfair competition, fraud, and breach of contract.
PwC Global Green Policy Insights will help you to stay abreast of international developments in the rapidly evolving area of green taxes and regulation, and offers valuable insights from our global network of specialists on what these developments mean for business.
Medical Device Tax News - September 2012: IRS updates form to support tax free sales for medical device manufacturers and importers - 28 September 2012
HMRC subsequently released Implementing the UK-US FATCA Agreement Consultation Document (Consultation Document) which addresses the implementation of the US-UK IGA.
19 September 2012
| Entertainment, Media and Communications Tax Newsletter
This quarterly publication focuses on critical tax legislation and regulatory developments that may impact entertainment, media and communications companies.
US Court of Appeals for the Second Circuit has affirmed a Tax Court decision denying Union Carbide Corporation (UCC) a research credit under section 41
12 September 2012
| Credits and Incentives Quarterly
Authors advance the theme of knowledge. Knowledge can prevent missed tax credit opportunities and can help your company increase its state tax credits.
Congress returns this week after its August recess and is expected to resume debate over expired and expiring business and individual tax provisions, as well as scheduled cuts in U.S. defense spending and other federal programs.
The United States Court of Appeals for the Sixth Circuit on September 7, ruling in favor of the taxpayer in In re: Quality Stores, Inc., affirmed the decision of the district court that severance payments made to former employees are not wages for FICA tax purposes and are exempt from FICA tax.
Proposed regulations bar the use of negative amounts for large taxpayers unless the taxpayer uses the simplified resale method or the proposed modified simplified production method
In Exxon Mobil v. Comm. of Internal Revenue, the Second Circuit affirmed a taxpayer-favorable decision in a case regarding interest netting on tax overpayments and underpayments.
Differing considerations may affect taxpayer decisions on accounting method changes. The number of changes that can be made without prior IRS consent has increased dramatically.
Qianhai located in Shenzhen in Southern China, may attract multinationals in modern service industries such as finance, modern logistics, information technology, etc.
ISDA released a new protocol which may provide payors with an opportunity to allocate the cost of FATCA Withholding to their counterparties, rather than treat FATCA Withholding as an 'Indemnifiable Tax' for which a payor has responsibility.
In this issue of Mining Tax Quarterly, we review PwC's latest Mine publication, recap PwC's 2012 Americas School of Mines event, summarize developments in the industry's global nationalization trend, contrast the mining Mongolia and Quebec, Canada and highlight the most recent tax technical updates.
Today, the Internal Revenue Service (IRS) released a preliminary draft Form W-8IMY, Certificate of Foreign Intermediary, Foreign Flow-Through Entity, or Certain U.S. Branches for United States Tax Withholding.
IRS explains exception to the 50% deduction limitation of section 274(n) that applies to certain expenditures paid or incurred under a reimbursement or other expense allowance
Providing roadside assistance coverage to policyholders of unrelated property and casualty insurers qualifies to be taxed as an insurance company under Section 831
On August 2nd, the Senate Finance Committee voted to approve the "Family and Business Tax Cut Certainty Act of 2012," which would extend certain expired and expiring individual and business tax provisions through 2013.
The House approves the Job Protection and Recession Prevention Act of 2012 (H.R. 8), which would extend for one year 2001 and 2003 tax provisions for all taxpayers
Senate Finance Committee approves Family and Business Tax Cut Certainty Act of 2012, which extend certain expired and expiring business and individual tax provisions
PwC Global Green Policy Insights will help you to stay abreast of international developments in the rapidly evolving area of green taxes and regulation, and offers valuable insights from our global network of specialists on what these developments mean for business.
IRS guidance on treatment under section 367(d) of transactions involving transfers of intangible property by domestic corporation to foreign corporation in corporate reorganization
Senate apprroved the Middle Class Tax Cut Act of 2012 (S. 3412) that generally would extend current individual tax rates for individuals with adjusted gross income below $200,000
China issues guidance for assessing beneficial ownership status when claiming treaty benefits on passive income such as dividends, interests and royalties.
A new procedure allows certain low compliance risk US taxpayers living abroad who have failed to timely file US tax returns and Reports of Foreign Bank Accounts (FBARs) to get current by filing income tax returns going back three years and FBARs going back six years.
IRS addresses how a taxpayer may demonstrate it has satisfied requirements that treats the provision of online eligible for the section 199 domestic production activities deduction
Section 6050W of the Internal Revenue Code and the regulations thereunder require merchant acquiring entities and third-party settlement organizations to report payments made in settlement of payment card (i.e., credit, debit, etc.) and third-party network transactions.
IRS held that interest a domestic corporation paid on a tax underpayment could not be used to net against interest that its foreign parent received on a tax overpayment
US tax treaties could involve withholding taxes, taxation of business profits, basic qualification for treaty benefits, and Competent Authority dispute resolution process
A divided Supreme Court has ruled that the requirement under the Affordable Care Act (ACA) that all Americans have health insurance is a constitutional exercise of Congress's power to tax. While, in some sense, the Supreme Court decision affirming a law that has been in effect for two years should not be news for employers, it provides an impetus to refocus on a strategic, long-term view of their role in providing quality, affordable healthcare for their employees.
The Indian revenue authorities formed a special committee to provide recommendations to the Indian Government regarding implementation of General Anti-Avoidance Rules (GAAR).
The Joint Committee on Taxation (JCT) staff recently release an description and analysis of the revenue provisions contained in President Obama's fiscal year 2013 budget proposal
IRS issued final regulations under sections 904(f) and (g) that implement the overall domestic loss (ODL) regime and provide updates to the overall foreign loss (OFL) rules
Supreme Court ruled that Patient Protection and Affordable Care Act's mandate for individuals to purchase health insurance is constitutional under taxing power of Congress
PLR 201224037, the IRS ruled that an insurance trust failed to meet the burden of proof required for exemption from federal income taxes as required by Section 501(c)(9)
This year Forms TD F 90.22-1, Report of Foreign Bank and Financial Accounts (FBAR), reporting a financial interest in or signature or other authority over foreign financial accounts held during 2011 must be received by Friday June 29, 2012.
On 21 June 2012, Japan and Switzerland each released a joint statement with the U.S. government regarding their intention to explore and negotiate an intergovernmental agreement (“IGA”) to facilitate the implementation of the FATCA.
The OECD published the first public Discussion Draft of its revision of Chapter VI, Special Considerations for Intangible Property, of the OECD Transfer Pricing Guidelines.
The latest edition of Continuing Developments in the Taxation of Insurance Companies from PwC reviews developments affecting the taxation of insurance companies, with a special focus on legislation, tax accounting, and Federal, international, and multi-state taxation developments.
CT, NY and NJ Job Creation Tax Credits, Federal New Hire Retention Credit Payroll Tax Relief, Eligible Employee and as Eligible Property, Renewable Energy
This WNTS Insight highlights some of the significant "Patient Protection and Affordable Care Act" tax provisions that could be affected by the Supreme Court's decision that is expected to be delivered before the end of this month.
The Tax Relief, Unemployment Insurance Reauthorization, and Job Creation Act of 2010 extended the Section 170(e)(3)(C) enhanced deduction associated with 'qualified contributions' of food inventory made by taxpayers that are not C corporations through December 31, 2011.
07 June 2012
| Entertainment, Media and Communications Tax Newsletter
This quarterly publication focuses on critical tax legislation and regulatory developments that may impact entertainment, media and communications companies.
PwC Global Green Policy Insights will help you to stay abreast of international developments in the rapidly evolving area of green taxes and regulation, and offers valuable insights from our global network of specialists on what these developments mean for business.
Court held that the regulations prohibit Intersport Fashions West from making any changes to the computation of transfer prices on an amended return if those changes would reduce the taxpayer's taxable income.
The Commissioner of the IRS Large Business and International Division (LB&I), Heather C. Maloy, on May 23 announced a partial realignment of LB&I domestic operations.
Many retailers are adopting flexible 'price match' programs in order to foster customer loyalty, remain competitive, and grow their businesses. These retailers should ensure that they understand the potential federal and state tax issues associated with such programs.
Chief Counsel Notice CC-2012-010 (May 10, 2012) provides guidance on the updated rules regarding ex parte communication between IRS Chief Counsel attorneys and IRS Appeals employees.
Treasury and IRS held a public hearing in Washington, DC on May 15, 2012 to permit those affected by the proposed FATCA regulations to express their concerns and to provide Treasury and IRS an opportunity to question the commentators.
Under IRC section 6050P, certain lenders are required to report to the IRS and the debtor information about a full or partial discharge of indebtedness of $600 or more during thecalendar year.
Assessing tax provides benchmarking data from industrial products and services companies including aerospace and defense, chemicals, engineering and construction, industrial manufacturing, metals, and transportation and logistics. The report provides a detailed analysis of tax rate metrics for the companies benchmarked. This edition includes report on transfer pricing, supply chain management, and merger and acquisition activity.
In a recently issued private letter ruling (PLR 201214003), the IRS concluded that certain self-constructed property qualifies for the 50-percent additional first-year depreciation.
On Nov 25, 2011, the IRS issued proposed regulations with a proposed effective date of January 1, 2013 titled 'Basis Reporting by Securities Brokers and Basis Determination for Debt Instruments and Options' which describe the basis reporting requirements related to debt instruments and options.
The Indian Finance Minister today presented in Parliament the government's revised Union Budget 2012 proposals. This newsalert summarizes the key tax proposals in the revised budget.
On April 17, 2012, the IRS released final regulations that expand U.S. tax information reporting requirements to include bank deposit interest paid to nonresident alien (NRA) individuals resident in certain countries.
Filers need to disclose, perhaps for the first time, the impact of the change in accounting principle brought about by the NAIC's adoption of SSAP 101.
The Supreme Court held that the overstatement of basis of an asset does not give rise to an omission of gross income for purposes of establishing a six-year period of limitations for assessment.
Many multinational corporations (MNCs) whose primary business activities are outside of the traditional financial services industry mistakenly believe FATCA will not impact them. However, FATCA may impact all MNCs in at least one of the following three ways.
On March 30, 2012, West Virginia Governor approved legislation (H.B. 4256) to amend provisions of the Code of West Virginia relating to captive insurance companies.
On April 6, 2012, the IRS announced that it is soliciting comments concerning collection requirements related to the application of § 338 to insurance companies.
In PLR 201214007 it was determined that facility-specific power purchase agreements for wind energy facilities are not treated as depreciable assets separate from the facilities themselves.
In PLR 201213016 a long-term care benefits rider added to single premium deferred annuity contracts offered by a stock life insurance company was treated as an insurance contract under Section 7702B(b)(1).
PwC Global Green Policy Insights will help you to stay abreast of international developments in the rapidly evolving area of green taxes and regulation, and offers valuable insights from our global network of specialists on what these developments mean for business.
This issue addresses the growing R&D tax incentives in Brazil, Russia, India, China and South Africa (the 'BRICS'), The impact of Value Added Tax reform on R&D activities in China.
Thailand has reduced the 30% corporate income tax rate to 23% for tax years beginning on or after January 1, 2012 and to 20% for the subsequent two tax years. In addition.
The 'repair regulations' are meant to help retailers and other affected companies better distinguish between currently deductible repair and maintenance expenses under section 162(a) and expenditures that must be capitalized under section 263(a).
The IRS has stepped up its audit activity with respect to the $1 million annual deduction limitation under Code section 162(m), as well as compliance with the section 409A.
House Budget Committee Chairman Paul Ryan (R-WI) today released a proposed FY 2013 House budget resolution that reaffirms support for comprehensive tax reform.
The Indian Finance Minister presented the Union Budget for the Indian tax year 2012-2013 in Parliament today. This newsalert summarizes the key tax proposals which are likely to impact US investors in India.
Notice 2012-23 containing guidance on tax issues related to the receipt of grants in lieu of tax credits for specified energy property under Section 1603 of the American Recovery and Reinvestment Act.
13 March 2012
| Entertainment, Media and Communications Tax Newsletter
This quarterly publication focuses on critical tax legislation and regulatory developments that may impact entertainment, media and communications companies.
Rev. Proc. 2012-20 provides the change in method of accounting procedures related to depreciation and dispositions of property under the tangible property regulations.
Rev. Proc. 2012-19 provides the change in method of accounting procedures related to depreciation and dispositions of property under the tangible property regulations.
PwC has released the following thought leadership pieces: Top Issues: The Insurance Industry in 2012 Strategic Risk Management: Facilitating Risk-Based Insurance Decisions
The Assistant Treasurer announced that the Australian government would protect the integrity of Australia’s tax system by introducing amendments to the general anti-avoidance rules.
Procs. 2012-19 and 2012-20 provides the change in method of accounting procedures related to depreciation and dispositions of property under the tangible property regulations.
Rev. Proc. 2012-18 updates the guidelines concerning permissible and impermissible ex parte communications between IRS Appeals staff and other IRS personnel.
Court turned down the taxpayer's request that the government be limited to statistical sampling with respect to documentation of business components in litigation over the taxpayer's research credit claim.
On February 17, 2012, the Singapore Minister for Finance announced Budget 2012 which addresses Singapore's long-term challenges for attracting foreign investors. The budget includes numerous tax changes.
Yesterday, the IRS released Notice 2012-22, easing the energy savings thresholds that taxpayers must meet to obtain tax benefits for heating and cooling efficiency and building envelope projects.
The Financial Crimes Enforcement Network (FinCEN) released Notice 2012-1, to further extend the due date to file their Form TD F 90.22-1, Report of Foreign Bank and Financial Accounts (FBAR), from June 30, 2012 until June 30, 2013.
This training workshop is ideal for individuals with less than two years of experience in the federal taxation of property and casualty insurance companies.
A House and Senate conference committee today approved H.R. 3630 that will extend a two-percent employee payroll tax reduction through the end of 2012.
Dutch lower court issued a ruling relating to the transfer pricing arrangements between a Dutch vacation resort and its Irish captive insurance company.
The Obama Administration released its proposed budget for FY2013, including a number of proposals intended to spur innovation and deployment of clean energy technologies.
IRS released temporary regulations (T.D. 9574) authorizing procedures under which certain qualified nonprofit health insurance issuers may seek exemption from federal income tax under section 501(c)(29).
A taxpayer that accelerates into the current year a payment under a service contract may be able to deduct the payment in that year in reliance on the "3 1/2-month rule."
PLR 201205005 regards circumstances affecting the placed-in-service date of a wind turbine generator project, for both depreciation under IRC sections 167 and 168 and the production tax credit under IRC section 45.
The Court ruled that the Plaintiff is allowed a deduction for the declared guaranteed minimum amount of policyholder dividends in the year of declaration.
The IRS issued a Directive as to whether a taxpayer has the benefits and burdens of ownership under a contract manufacturing arrangement for purposes of Reg. sec. 1.199-3(f)(1).
Massachusetts budget would impose the corporate excise on the "non-insurance" income of pass-through entities where an insurance company owns at least 50% of the pass-through entities.
PwC Global Green Policy Insights will help you to stay abreast of international developments in the rapidly evolving area of green taxes and regulation, and offers valuable insights from our global network of specialists on what these developments mean for business.
On December 10, 2011, the Japanese Cabinet released the 2012 tax reform proposals, which include new earnings stripping rules that would limit the deductibility of related party interest expense.
In 2011, several countries modified or proposed enhancements to their R&D tax incentive regimes including Canada, Hungary, the Netherlands, the United Kingdom, and the United States.
Court ruled that premium payments held by insurer as deposit against future deductibles that was refundable to a business at the end of a contract cannot be deducted under Section 162(a) as an insurance premium.
Hong Kong enacted legislation allowing tax deductions for the acquisition costs of specified intellectual property rights.The new deduction rule applies to the 2011 - 2012 assessment year and onwards.
The Foreign Account Tax Compliance Act (FATCA) is expected to have a pervasive impact on many financial institutions organized in the U.S. and globally.
Officers and employees who are U.S. citizens or residents may have to file a Form TD F 90.22-1, Report of Foreign Bank and Financial Accounts (FBAR), by June 30, 2012 to report afinancial interest in, or signature or other authority over, foreign financial accounts.
The Indian Supreme Court issued its decision in the landmark Vodafone case concluding that India should not tax Vodafone on the sale of a foreign company's shares outside that country.
In Rev. Rul. 2012-06, the IRS provided prevailing state assumed interest rates and applicable federal rates for the determination of reserves under Section 807 for insurance contracts.
Notice 2012-11 provides that posting Form 8937, Report of Organizational Actions Affecting Basis of Securities, on the issuer's primary public website by January 17, 2012 will satisfy the filing obligations with respect to organizational actions occurring in 2011.
In this publication, PwC's Washington National Tax Services (WNTS) offers a preview of the key tax policy issues facing the Obama Administration and Congress in 2012.
PwC's State and Local Tax practice will host a webcast on Tuesday, January 31st from 11am-12pm EST that will address the latest indirect tax issues facing the financial services industry.
In PLR 201152014, the IRS ruled that the transfer of life insurance policies to a LLC in exchange for membership interests in the LLC will not be treated as a transfer to an investment company.
In PLR 201151008 the IRS said underwriting reserves and loss reserves for life insurance and annuity contracts are an appropriate means of measuring income within the meaning of Section 954(i)(4)(B)(ii).
PwC has updated its 'Guide to accounting for income taxes', and is pleased to offer this guide which is intended to assist you in interpreting the accounting standards in this complex area of accounting.
This Insight discusses plan of rehabilitation, environmental remediation, rotable spare parts, general asset accounts, removal costs, and recovery of capital improvements subject to lease.
The IRS on December 15 issued final regulations under section 954 that address the application of the foreign base company sales income (FBCSI) rules to CFC with branches.
This Insight will provide a high-level overview of the recent proposed and temporary regulations (REG - 168745-03) issued on Friday, December 23, under section 263(a).
The IRS today released long-awaited regulations on repairs of tangible property. The regulations were issued in temporary (255 pages) and proposed (15 pages) form.
In TAM 201149021 the IRS said that residual value insurance policies that insure assets against market decline are not insurance contracts for federal tax purposes.
To comply with section 6038D, taxpayers must file a properly completed Form 8938, Statement of Specified Foreign Financial Assets, with their federal income tax return.
20 December 2011
| Entertainment, Media and Communications Tax Newsletter
This quarterly publication focuses on critical tax legislation and regulatory developments that may impact entertainment, media and communications companies.
On November 30, 2011, Japan enacted the 5% corporate tax rate reduction and related tax-basis broadening provisions including the limitation on net operating loss utilization.
In PLR 201147014, the IRS ruled that an insurer is required to file an information return for supplemental unemployment insurance benefits exceeding $600 paid to an insured.
India has considered the taxability of a transaction involving an indirect transfer of an Indian company and a claim for the capital gains exemption under the India-Mauritius tax treaty.
The IRS recently issued proposed regulations under section 382(g) addressing application of the segregation rules of Reg. sec. 1.382-2T(j) to public groups.
On Nov 22, 2011 the IRS proposed regulations titled 'Basis Reporting by Securities Brokers and Basis Determination for Debt Instruments and Options' which affect the information reporting by brokers for certain transactions relating to debt instruments and options.
The Ministry of Finance and the State Administration of Taxation released Circular 110 and Circular 111 on November 14, 2011 regarding the Pilot Program.
Treasury's 1603 Grant Program: When can you use the "3 1/2 month rule" to take delivery of property in 2012 and still reach the 2011 construction safe harbor?
PwC Global Green Policy Insights will help you to stay abreast of international developments in the rapidly evolving area of green taxes and regulation, and offers valuable insights from our global network of specialists on what these developments mean for business.
Under the FBAR rules, U.S. persons with financial interests in, or signature or other authority over, financial accounts maintained in a foreign country are required to file a Form TD F 90-22.1, Report of Foreign Bank and Financial Accounts, with the IRS if the aggregate amount maintained in these accounts during a calendar year exceeds $10,000.
On November 25, 2011, the Australian Government announced significant changes to the way the tax consolidation rules work for Australian company groups.
On October 6, 2011, the IRS issued proposed regulations (REG-125949-10) that clarify the computation of ending inventory values under the retail inventory method and provide special rules for certain types of vendor allowances.
Rev. Rul. 2011-29 concerned taxpayer's ability to take into account under section 461 accrued bonuses that are payable to a bonus pool rather than to specific individuals.
The U.S. Court of Federal Claims, in Magma Power Company v. United States, held for the taxpayer in case a looking at the interest-netting provisions of section 6621(d).
The ability of a corporate taxpayer to obtain a quick refund by filing IRS Form 1139, Corporation Application for Tentative Refund, can quickly increase a corporation's cash flow.
On September 15th, the Brazilian government announced Federal Decree number 7567 which impose a 30% increase across the board in Federal Excise Tax rates on certain imported vehicles and auto parts.
The OECD recently released a Discussion Draft, "Interpretation and Application of Article 5 (Permanent Establishment) of the OECD Model Tax Convention."
Chairman Dave Camp on October 26 released a Discussion Draft on tax reform that lowers the corporate income tax rate and adopts a territorial tax system.
On 20 September, 2011, the OECD released its tenth issue of the 'OECD Science, Technology and Industry Scoreboard' which highlights economies using research and development incentives as a means of recovering from the recent financial and sis.
On October 26, 2011, the Australian Taxation Office issued two Tax Determinations in relation to the treatment of gains made by non-resident private equity investors.
Japanese Diet passed portions of the 2011 Tax Reform legislation, which does not include the proposed corporate tax rate reduction or the related tax-base-broadening provisions.
New Subpart F category of income for "excess returns" on transfers of intangibles to a controlled foreign corporation (CFC) from a "U.S. related person."
Calendar-year companies, by taking certain actions before the end of the year, can take advantage of accounting method opportunities that could increase cash flow.
On October 12, 2011, Congressman Richard Neal introduced a bill (the "2011 Neal Bill") that would address the tax treatment of reinsurance with non-taxed affiliates.
In Rev. Rul. 2011-23, the IRS provided prevailing state assumed interest rates and applicable federal rates for the determination of reserves under Section 807 for insurance contracts issued in 2010 and 2011.
Ukrainian recently provided guidance in Letter No. 12884/6/15-0516, stating that domestic insurers with foreign reinsurance contracts must act as withholding agents.
PwC's Professional Development Program announced the following new live webcasts: Statutory Accounting-The Basics; Regulatory Update for Banking; Financial Reporting Update for Broker/Dealers.
On August 23, 2011, Governor Pat Quinn signed Illinois House Bill 2955 into law, which contains several corporate income tax provisions of particular interest to the insurance industry.
The IRS business plan includes "guidance under § 41 on the exception from the definition of 'qualified research' for internal use software under § 41(d)(4)(E)."
On September 19, 2011, the NAIC's Financial Condition Committee approved the adoption of SSAP No. 101, Income Taxes, A Replacement of SSAP No. 10R and SSAP No. 10.
Where a U.S. taxpayer makes a payment of U.S. source income to a foreign person or entity, withholding may be required. Failure to withhold can result in the U.S. taxpayer being liable for the tax.
President Barack Obama on September 19 proposed higher taxes on individuals with income above $1 million on top of his previous proposal to let current tax rates expire.
08 September 2011
| Entertainment, Media and Communications Tax Newsletter
This quarterly publication focuses on critical tax legislation and regulatory developments that may impact entertainment, media and communications companies.
01 September 2011
| Credits and Incentives Quarterly
This briefing focuses on legislative activity impacting the tax credits and incentives arena and highlight an often overlooked opportunity in Oklahoma.
United Kingdom R&D reform, joint audits, Canada Revenue Agency documentation guidelines, Ireland tax changes, and United States issuance of final regulations that impact the calculation of the Alternative Simplified Credit.
24 June 2011
| Entertainment, Media and Communications Tax Newsletter
This quarterly publication focuses on critical tax legislation and regulatory developments that may impact entertainment, media and communications companies.
The 2011 edition of Assessing tax provides a detailed analysis of tax rate metrics and outlines what drives these ratios for industrial products and services companies. Tax rate benchmarking can provide tax executives with insight into sector trends and peer group comparisons.
25 February 2011
| Entertainment, Media and Communications Tax Newsletter
This quarterly publication focuses on critical tax legislation and regulatory developments that may impact entertainment, media and communications companies.
HR Innovation offers advanced thinking about the challenges that should be uppermost on the minds and agendas of organizations and their Human Resources (HR) leaders. In this issue of HR Innovation, we focus on Total Rewards, and delve into the challenges employers face of getting their employees' "total rewards" packages right.
14 May 2013
| Global Equity Compensation Newsletter
Legislative updates in Australia - 2013 employee share scheme reporting deadline, Denmark - upfront taxation on RSUs, UK - Impact of the Finance Bill 2013.
These alerts provide analysis of the impact of major transfer pricing, tax, and related developments within hours of the news breaking, authored by PwC professionals around the world. Each alert is classified by the country or territory to which it pertains.
Global mobility trends have been changing in recent years. Whereas earlier assignments meant a three to five-year relocation followed by a return home, more recently global mobility has developed differently in response to business demands and employee preferences. Focus is more on short term assignments and various new forms of mobility such as business travellers, project-based assignments, commuters, ‘backpacker’ arrangements and ‘global nomads’.
Taxpayers are given timely insight into the benefical extension of the ‘enhanced’ deduction for charitable contributions of food inventory and other topics.
08 April 2013
| Customs and International Trade Communique Europe
Customs authorization, multifunctional printers, set top boxes, BTI, AEO status, customs audits, customs value law for non-resident importers, Explanatory Notes.
In this issue we review the payment and conflict mineral disclosures mandated by the Dodd-Frank Act, discuss Russia’s elimination of tariffs on certain metals, consider the constitutionality of certain coal mining reclamation payments, and provide an overview of U.S. state tax developments pertaining to the mining industry.
29 March 2013
| Entertainment, Media and Communications Tax Newsletter
This quarterly publication discusses critical tax legislation and regulatory developments that may impact entertainment, media and communications companies
Taxpayers are reminded of general asset account considerations in preparing 2012 tax returns, as well as the extension of various depreciation provisions.
Cloud computing is a global phenomenon. But what are the VAT/GST ramifications of the cloud services you are purchasing, providing, or both? PwC explains in this paper.
US multinationals continued shift from direct to indirect taxes, recent VAT rate increases in the Czech Republic, Cyprus, Finland and the Dominican Republic.
HR Innovation offers advanced thinking about the challenges that should be uppermost on the minds and agendas of organizations and their Human Resources (HR) leaders. In this issue of HR Innovation, we focus on Healthcare for Employers, and bring to light where the opportunities and obstacles might lie post-health reform and where different paths might lead.
20 December 2012
| Entertainment, Media and Communications Tax Newsletter
This quarterly publication focuses on critical tax legislation and regulatory developments that may impact entertainment, media and communications companies.
Updates on federal income tax issues including accounting methods and inventories, depreciation, long-term contract accounting, leasing, fringe benefits
Canada's comprehensive income tax, Singapore's antimoney laundering laws to tax crimes, US PepsiCo opinion, Switzerland and Hong Kong taxation agreement
PwC Global Green Policy Insights will help you to stay abreast of international developments in the rapidly evolving area of green taxes and regulation, and offers valuable insights from our global network of specialists on what these developments mean for business.
HR Innovation offers advanced thinking about the challenges that should be uppermost on the minds and agendas of organizations and their Human Resources (HR) leaders.
Updates on federal income tax issues including accounting methods and inventories, depreciation, long-term contract accounting, leasing, fringe benefits.
OECD published its revised proposals on Permanent Establishments in a paper entitled 'OECD Model Tax Convention: Revised Proposals concerning the Interpretation and Application of Article 5 (Permanent Establishment)'.
DE has adopted a regulation clarifying the lookback period of liability for companies currently under audit and for companies that are subsequently audited
In this issue: Upcoming events, Sector news, Shared services, The top 10 misconceptions about developing a dashboard- Part 3, High Performer Mobility Rate.
24 October 2012
| Managing Your Wealth: Guide to tax and wealth management
PwC’s 2013 year-end guide to tax and wealth management offers guidance for strategic tax planning, managing your portfolio, charitable giving, estate and gift planning, business succession planning and other topics.
22 October 2012
| Global Equity Compensation Newsletter
Legislative updates in: Denmark, France, Malaysia, Paraguay, United Kingdom, United States."In this issue:Denmark - Changes in Danish tax rules regarding expatriates may affect the field of share based remunerationFrance - Proposed changes to the income and social tax treatment of qualified stock option and free share awardsMalaysia - Proposed 2013 budget may limit corporate tax deductions for chargebacks of equity award costsParaguay - Personal Income Tax Obligations Re-enactedUnited Kingdom - HMRC confirms availability of electronic NIC electionsUnited States - 2013 Social Security Wage Base Increase Announced"
18 October 2012
| US Accounting & Tax Newsletter (Japanese edition)
This quarterly publication, in Japanese, covers the latest tax and financial accounting topics that relate to inbound Japanese companies in the United States.
Global Green Policy Insights is a bimonthly update on the latest developments in environmental taxes, regulations, and other "green" policies around the world. Written by PwC specialists around the world, they provide timely updates on new tax incentives, credits, and policy issues of interest to multinational organisations.
Updates on federal income tax issues including accounting methods and inventories, depreciation, long-term contract accounting, leasing, fringe benefits
This quarterly publication provides updates on research & development credits and incentives available to domestic and multinational organisations around the world.
With analysis and insight on policy changes around the world, these bulletins help you stay up-to-date with the latest developments and explain what these changes mean for you and your business.
PwC and the National Association of Stock Plan Professionals (NASPP) are pleased to announce the release of the 2012 Global Equity Incentives Survey (GEIS): “Back to the Basics”— Executive Summary. Our survey is one of the most comprehensive studies available on the design and administration of equity incentive compensation plans for multinational companies.
PwC Global Green Policy Insights will help you to stay abreast of international developments in the rapidly evolving area of green taxes and regulation, and offers valuable insights from our global network of specialists on what these developments mean for business.
Timely updates on federal income tax issues including accounting methods and inventories, depreciation, long-term contract accounting, leasing, fringe benefits.
20 September 2012
| Global Equity Compensation Newsletter
The equity compensation updates are focused on assisting our clients with strategy, design, implementation, administration, maintenance, and ongoing evaluation of domestic and international stock plans to ensure support of business objectives and recruiting and retention needs.
In a world of economic uncertainty and state budget deficits, taxpayers are facing increased pressure from both the financial and tax side of the house.
19 September 2012
| Entertainment, Media and Communications Tax Newsletter
This quarterly publication focuses on critical tax legislation and regulatory developments that may impact entertainment, media and communications companies.
12 September 2012
| Credits and Incentives Quarterly
Authors advance the theme of knowledge. Knowledge can prevent missed tax credit opportunities and can help your company increase its state tax credits.
This newsletter provides recent news pertinent to the mergers & acquisition tax issues that include the latest Treasury regulations; IRS Rev. Procs. and Regs.; and court decisions.
This issue provides summaries of the first part of the HR innovation article series 'From point of no return to return on investment: Smart ways to gather workforce intelligence for big gains', 'Making executive pay work – the psychology of incentives' article.
24 August 2012
| Global Equity Compensation Newsletter
The equity compensation updates are focused on assisting our clients with strategy, design, implementation, administration, maintenance, and ongoing evaluation of domestic and international stock plans to ensure support of business objectives and recruiting and retention needs.
This publication provides timely updates on a range of federal income tax issues including accounting methods and inventories, depreciation, long-term contract accounting, leasing, fringe benefits.
In this issue of Mining Tax Quarterly, we review PwC's latest Mine publication, recap PwC's 2012 Americas School of Mines event, summarize developments in the industry's global nationalization trend, contrast the mining Mongolia and Quebec, Canada and highlight the most recent tax technical updates.
06 August 2012
| US Accounting & Tax Newsletter (Japanese edition)
This quarterly publication, in Japanese, covers the latest tax and financial accounting topics that relate to inbound Japanese companies in the United States.
PwC Global Green Policy Insights will help you to stay abreast of international developments in the rapidly evolving area of green taxes and regulation, and offers valuable insights from our global network of specialists on what these developments mean for business.
31 July 2012
| Customs and International Trade Communique Europe
In this edition you will find articles on determination of the normal value in case of anti-dumping, the revoked ruling of U.S. Customs and Border Protection regarding the use of 'Transaction Value' in related party situations, German obligations regarding the evidence by bookkeeping and documents for exports and intra-Community supplies, the Dutch Budget Agreement for 2013, the revised Energy Tax Directive, electronic filling of declarations for payment of excise duties in Belgium and updates on transit and export controls.
The current July Review focuses on upcoming events within PwC Saratoga, an additional sector news section, a third part to the review of Results from PwC Saratoga’s 2012/2013 US Human Capital Effectiveness Report.
This newsletter provides recent news pertinent to the mergers & acquisition tax issues that include the latest Treasury regulations; IRS Rev. Procs. and Regs.; and court decisions.
25 July 2012
| Global Equity Compensation Newsletter
The equity compensation updates are focused on assisting our clients with strategy, design, implementation, administration, maintenance, and ongoing evaluation of domestic and international stock plans to ensure support of business objectives and recruiting and retention needs.
This publication provides timely updates on a range of federal income tax issues including accounting methods and inventories, depreciation, long-term contract accounting, leasing, fringe benefits.
HR Innovation offers advanced thinking about the challenges that should be uppermost on the minds and agendas of organizations and their Human Resources (HR) leaders.
Delaware VDA program under S.B. 258 would offer companies an opportunity to decrease their unclaimed property exposure by limiting their lookback of liability.
The current June Review focuses on upcoming events within PwC Saratoga, an additional sector news section, about our PwC Webcast July 10 - Health reform - Post U.S. Supreme Court Ruling - what this means for employers, a second part to the review of Results from PwC Saratoga’s 2012/2013 US Human Capital Effectiveness Report.
This newsletter provides recent news pertinent to the mergers & acquisition tax issues that include the latest Treasury regulations; IRS Rev. Procs. and Regs.; and court decisions.
26 June 2012
| Global Equity Compensation Newsletter
The equity compensation updates are focused on assisting our clients with strategy, design, implementation, administration, maintenance, and ongoing evaluation of domestic and international stock plans to ensure support of business objectives and recruiting and retention needs.
Unclaimed property audits third party auditors, aggressive audit positions, dormancy periods, debt and equity audits, insurance industry, deal-of-the-day type of promotions
22 June 2012
| Financial Services Transfer Pricing Perspectives
This edition contains articles addressing: The OECD's latest work on Article 5; Some transfer pricing implications of industry and regulatory change; Bank liquidity reserves: Transfer pricing considerations; The re-write of the Australian TP legislation and impact on the FS industry; and Country updates on Korea, India, China and Indonesia.
The latest edition of Continuing Developments in the Taxation of Insurance Companies from PwC reviews developments affecting the taxation of insurance companies, with a special focus on legislation, tax accounting, and Federal, international, and multi-state taxation developments.
This report provides messages for companies with existing Swiss HQs which are seeking to expand their scope, assure their sustainability or reduce costs, for companies planning to implement a centralised business model but also for the Swiss authorities.
CT, NY and NJ Job Creation Tax Credits, Federal New Hire Retention Credit Payroll Tax Relief, Eligible Employee and as Eligible Property, Renewable Energy
This publication provides timely updates on a range of federal income tax issues including accounting methods and inventories, depreciation, long-term contract accounting, leasing, fringe benefits.
07 June 2012
| Entertainment, Media and Communications Tax Newsletter
This quarterly publication focuses on critical tax legislation and regulatory developments that may impact entertainment, media and communications companies.
PwC Global Green Policy Insights will help you to stay abreast of international developments in the rapidly evolving area of green taxes and regulation, and offers valuable insights from our global network of specialists on what these developments mean for business.
31 May 2012
| Customs and International Trade Communique Europe
In this edition you will find articles on the mutual recognition between the EU and US secure traders program, the Mexican customs single window which will enter into force at 1 June, 2012, the new soda tax in France, changes in the excise legislation in Poland and Ireland and an update from Poland on how Customs intends to serve the business community.
The current Review focuses on a review of Results from PwC Saratoga’s 2012/2013 US Human Capital Effectiveness Report, a brief summary on the key findings of the survey Millennials at work – Reshaping the workplace in financial services.
On May 24, 2012, Governor Rick Snyder signed into law House Bill 4563, which provides a business-to-business exemption from unclaimed property reporting.
This newsletter provides recent news pertinent to the mergers & acquisition tax issues that include the latest Treasury regulations; IRS Rev. Procs. and Regs.; and court decisions.
24 May 2012
| Global Equity Compensation Newsletter
The equity compensation updates are focused on assisting our clients with strategy, design, implementation, administration, maintenance, and ongoing evaluation of domestic and international stock plans to ensure support of business objectives and recruiting and retention needs.
22 May 2012
| US Accounting & Tax Newsletter (Japanese edition)
This quarterly publication, in Japanese, covers the latest tax and financial accounting topics that relate to inbound Japanese companies in the United States.
This publication provides timely updates on a range of federal income tax issues including accounting methods and inventories, depreciation, long-term contract accounting, leasing, fringe benefits.
Assessing tax provides benchmarking data from industrial products and services companies including aerospace and defense, chemicals, engineering and construction, industrial manufacturing, metals, and transportation and logistics. The report provides a detailed analysis of tax rate metrics for the companies benchmarked. This edition includes report on transfer pricing, supply chain management, and merger and acquisition activity.
Trade Intelligence Asia Pacific seeks to capture the essence of selected issues that are of particular interest to clients of PwC. Our regional network of customs and international trade consultants routinely gather, analyse and disseminate information and knowledge to our clients. Based on studies as well as meetings and discussions that take place across the region with various trade and customs officials, we consolidate our findings into Trade Intelligence Asia Pacific.
This newsletter provides recent news pertinent to the mergers & acquisition tax issues that include the latest Treasury regulations; IRS Rev. Procs. and Regs.; and court decisions.
The current April Review focuses on a review of two of the top 10 misconceptions about developing a dashboard that will continue as a series, a brief summary of the key items influencing CEOs agendas based on PwC’s 15th Annual CEO Survey.
27 April 2012
| Customs and International Trade Communique Europe
In this edition you will find articles on the ECJ Judgment regarding the implications of non-compliance with the formal requirements of customs authorizations, fuel additives liable to excise duties as from 1 July 2012, deduction of import VAT in Germany and updates on the local customs and excise legislation and / or procedures in Turkey, Romania and Spain.
23 April 2012
| Global Equity Compensation Newsletter
The equity compensation updates are focused on assisting our clients with strategy, design, implementation, administration, maintenance, and ongoing evaluation of domestic and international stock plans to ensure support of business objectives and recruiting and retention needs.
HR Innovation offers advanced thinking about the challenges that should be uppermost on the minds and agendas of organizations and their Human Resources (HR) leaders.
This publication provides timely updates on a range of federal income tax issues including accounting methods and inventories, depreciation, long-term contract accounting, leasing, fringe benefits.
On 5 March 2012, the Organisation for Economic Co-operation and Development (OECD) released a report entitled Hybrid Mismatch Arrangements: Tax Policy and compliance Issues.
PwC Global Green Policy Insights will help you to stay abreast of international developments in the rapidly evolving area of green taxes and regulation, and offers valuable insights from our global network of specialists on what these developments mean for business.
This issue addresses the growing R&D tax incentives in Brazil, Russia, India, China and South Africa (the 'BRICS'), The impact of Value Added Tax reform on R&D activities in China.
30 March 2012
| Customs and International Trade Communique Europe
In this edition you will find articles on the ECJ Judgement on the request of a declarant to annul a declaration, recent developments regarding the union customs code, larger LCD monitors, and the extension of the common transit procedure, and updates on the local customs and excise legislation and / or procedures in Italy, Portugal and Germany.
This newsletter provides recent news pertinent to the mergers & acquisition tax issues that include the latest Treasury regulations; IRS Rev. Procs. and Regs.; and court decisions.
The current newsletter focuses on upcoming events within PwC Saratoga, improving the onboarding process, a summary of the people-related findings from PwC’s 2011 M&A Integration Survey, and a review of the onboarding survey questions of the month.
International Transfer Pricing 2012, now in its 13th edition, is an easy-to-use reference guide covering a range of transfer pricing issues in over 68 countries worldwide.
15 March 2012
| Global Equity Compensation Newsletter
The equity compensation updates are focused on assisting our clients with strategy, design, implementation, administration, maintenance, and ongoing evaluation of domestic and international stock plans to ensure support of business objectives and recruiting and retention needs.
This publication provides timely updates on a range of federal income tax issues including accounting methods and inventories, depreciation, long-term contract accounting, leasing, fringe benefits.
13 March 2012
| Entertainment, Media and Communications Tax Newsletter
This quarterly publication focuses on critical tax legislation and regulatory developments that may impact entertainment, media and communications companies.
29 February 2012
| Customs and International Trade Communique Europe
In this edition you will find articles on the Judgment of the ECJ on the tariff classification of plastic drainage bags; Update on the dispute regarding the classification of the Multi Functional Printers; Russia’s accession to WTO and Changes to the Hungarian excise duty and product fee (environmental tax) legislation.
29 February 2012
| Trade Intelligence Asia Pacific
Trade Intelligence Asia Pacific seeks to capture the essence of selected issues that are of particular interest to clients of PwC. Our regional network of customs and international trade consultants routinely gather, analyse and disseminate information and knowledge to our clients. Based on studies as well as meetings and discussions that take place across the region with various trade and customs officials, we consolidate our findings into Trade Intelligence Asia Pacific.
29 February 2012
| Financial Services Transfer Pricing Perspectives
This edition contains articles addressing: Intercompany debt—US audit environment and considerations; The Netherlands: Landmark court case on the treatment of inter-company loans; Transfer pricing complexities related to cash pooling arrangements; A framework for evaluating related-party guarantees; Intra-group loans: Are loan terms and conditions important; Intra-group financial transactions documentation and risk.
The current newsletter focuses on upcoming events within PwC Saratoga, enhancements to the PwC Saratoga US measurement program, key results from PwC's 15th Annual Global CEO Survey and a review of First Year of Service Turnover.
This newsletter provides recent news pertinent to the mergers & acquisition tax issues that include the latest Treasury regulations; IRS Rev. Procs. and Regs.; and court decisions.
On 12 October 2011, the OECD released a public Discussion Draft entitled 'Interpretation and Application of Article 5 (Permanent Establishment) of the OECD Model Tax Convention'.
17 February 2012
| Global Equity Compensation Newsletter
The equity compensation updates are focused on assisting our clients with strategy, design, implementation, administration, maintenance, and ongoing evaluation of domestic and international stock plans to ensure support of business objectives and recruiting and retention needs.
This publication provides timely updates on a range of federal income tax issues including accounting methods and inventories, depreciation, long-term contract accounting, leasing, fringe benefits.
06 February 2012
| US Accounting & Tax Newsletter (Japanese edition)
This quarterly publication, in Japanese, covers the latest tax and financial accounting topics that relate to inbound Japanese companies in the United States.
PwC Global Green Policy Insights will help you to stay abreast of international developments in the rapidly evolving area of green taxes and regulation, and offers valuable insights from our global network of specialists on what these developments mean for business.
In 2011, several countries modified or proposed enhancements to their R&D tax incentive regimes including Canada, Hungary, the Netherlands, the United Kingdom, and the United States.
This newsletter provides recent news pertinent to the mergers & acquisition tax issues that include the latest Treasury regulations; IRS Rev. Procs. and Regs.; and court decisions.
26 January 2012
| Global Equity Compensation Newsletter
The equity compensation updates are focused on assisting our clients with strategy, design, implementation, administration, maintenance, and ongoing evaluation of domestic and international stock plans to ensure support of business objectives and recruiting and retention needs.
This publication provides timely updates on a range of federal income tax issues including accounting methods and inventories, depreciation, long-term contract accounting, leasing, fringe benefits.
23 December 2011
| Global Equity Compensation Newsletter
The equity compensation updates are focused on assisting our clients with strategy, design, implementation, administration, maintenance, and ongoing evaluation of domestic and international stock plans to ensure support of business objectives and recruiting and retention needs.
This newsletter provides recent news pertinent to the mergers & acquisition tax issues that include the latest Treasury regulations; IRS Rev. Procs. and Regs.; and court decisions.
This publication provides timely updates on a range of federal income tax issues including accounting methods and inventories, depreciation, long-term contract accounting, leasing, fringe benefits.
20 December 2011
| Entertainment, Media and Communications Tax Newsletter
This quarterly publication focuses on critical tax legislation and regulatory developments that may impact entertainment, media and communications companies.
This issue of HR Innovation looks at current trends and their implications for meeting organizational goals while cultivating and sustaining an efficient, high-performing workforce in a dynamic organizational culture.
PwC Global Green Policy Insights will help you to stay abreast of international developments in the rapidly evolving area of green taxes and regulation, and offers valuable insights from our global network of specialists on what these developments mean for business.
This publication provides timely updates on a range of federal income tax issues including accounting methods and inventories, depreciation, long-term contract accounting, leasing, fringe benefits.
21 November 2011
| Global Equity Compensation Newsletter
The equity compensation updates are focused on assisting our clients with strategy, design, implementation, administration, maintenance, and ongoing evaluation of domestic and international stock plans to ensure support of business objectives and recruiting and retention needs.
Indirect tax reform was incorporated into the State's 12th Five-year Plan and was discussed in July 2011 by the Minister of Finance. On October 26, 2011, Premier Wen Jibao officially announced that a Pilot Program will be introduced to assess the impact of the new policies before they are fully implemented country-wide.
07 November 2011
| US Accounting & Tax Newsletter (Japanese edition)
This quarterly publication, in Japanese, covers the latest tax and financial accounting topics that relate to inbound Japanese companies in the United States.
This newsletter provides recent news pertinent to the mergers & acquisition tax issues that include the latest Treasury regulations; IRS Rev. Procs. and Regs.; and court decisions.
On 20 September, 2011, the OECD released its tenth issue of the 'OECD Science, Technology and Industry Scoreboard' which highlights economies using research and development incentives as a means of recovering from the recent financial and sis.
This newsletter provides recent news pertinent to the mergers & acquisition tax issues that include the latest Treasury regulations; IRS Rev. Procs. and Regs.; and court decisions.
27 October 2011
| Global Equity Compensation Newsletter
The equity compensation updates are focused on assisting our clients with strategy, design, implementation, administration, maintenance, and ongoing evaluation of domestic and international stock plans to ensure support of business objectives and recruiting and retention needs.
The OECD has recently published a public discussion draft entitled Interpretation and Application of Article 5 (Permanent Establishment) of the OECD Model Tax Convention.
This publication provides timely updates on a range of federal income tax issues including accounting methods and inventories, depreciation, long-term contract accounting, leasing, fringe benefits.
On 30 August 2011, the Corporate Loss Utilisation through Aggressive Tax Planning Report was published. The Report was prepared jointly by two groups under the OECD umbrella.
18 October 2011
| Financial Services Transfer Pricing Perspectives
"This edition contains articles addressing: The impact of Dodd-Frank on credit ratings; The New Russian transfer pricing rules: potential influence on the banking and financial sector; Asia-Pacific, India and Luxembourg transfer pricing updates; and FSTP Masterclass Shanghai - insights and observations on the tax authorities' initiatives "
30 September 2011
| Global Equity Compensation Newsletter
The equity compensation updates are focused on assisting our clients with strategy, design, implementation, administration, maintenance, and ongoing evaluation of domestic and international stock plans to ensure support of business objectives and recruiting and retention needs.
This newsletter provides recent news pertinent to the mergers & acquisition tax issues that include the latest Treasury regulations; IRS Rev. Procs. and Regs.; and court decisions.
This publication provides timely updates on a range of federal income tax issues including accounting methods and inventories, depreciation, long-term contract accounting, leasing, fringe benefits.
Our latest bulletin provides an update on the key tax projects currently being undertaken by the Organisation for Economic Cooperation and Development (OECD).
08 September 2011
| Global Equity Compensation Newsletter
The equity compensation updates are focused on assisting our clients with strategy, design, implementation, administration, maintenance, and ongoing evaluation of domestic and international stock plans to ensure support of business objectives and recruiting and retention needs.
08 September 2011
| Entertainment, Media and Communications Tax Newsletter
This quarterly publication focuses on critical tax legislation and regulatory developments that may impact entertainment, media and communications companies.
01 September 2011
| Credits and Incentives Quarterly
This briefing focuses on legislative activity impacting the tax credits and incentives arena and highlight an often overlooked opportunity in Oklahoma.
This newsletter provides recent news pertinent to the mergers & acquisition tax issues that include the latest Treasury regulations; IRS Rev. Procs. and Regs.; and court decisions.
This publication provides timely updates on a range of federal income tax issues including accounting methods and inventories, depreciation, long-term contract accounting, leasing, fringe benefits.
09 August 2011
| US Accounting & Tax Newsletter (Japanese edition)
This quarterly publication, in Japanese, covers the latest tax and financial accounting topics that relate to inbound Japanese companies in the United States.
United Kingdom R&D reform, joint audits, Canada Revenue Agency documentation guidelines, Ireland tax changes, and United States issuance of final regulations that impact the calculation of the Alternative Simplified Credit.
This publication provides timely updates on a range of federal income tax issues including accounting methods and inventories, depreciation, long-term contract accounting, leasing, fringe benefits.
24 June 2011
| Entertainment, Media and Communications Tax Newsletter
This quarterly publication focuses on critical tax legislation and regulatory developments that may impact entertainment, media and communications companies.
The 2011 edition of Assessing tax provides a detailed analysis of tax rate metrics and outlines what drives these ratios for industrial products and services companies. Tax rate benchmarking can provide tax executives with insight into sector trends and peer group comparisons.
25 February 2011
| Entertainment, Media and Communications Tax Newsletter
This quarterly publication focuses on critical tax legislation and regulatory developments that may impact entertainment, media and communications companies.
HR Innovation offers advanced thinking about the challenges that should be uppermost on the minds and agendas of organizations and their Human Resources (HR) leaders. In this issue of HR Innovation, we focus on Total Rewards, and delve into the challenges employers face of getting their employees' "total rewards" packages right.
These alerts provide analysis of the impact of major transfer pricing, tax, and related developments within hours of the news breaking, authored by PwC professionals around the world. Each alert is classified by the country or territory to which it pertains.
Global mobility trends have been changing in recent years. Whereas earlier assignments meant a three to five-year relocation followed by a return home, more recently global mobility has developed differently in response to business demands and employee preferences. Focus is more on short term assignments and various new forms of mobility such as business travellers, project-based assignments, commuters, ‘backpacker’ arrangements and ‘global nomads’.
TP to Go is a new mobile application from the PwC global transfer pricing network that brings the best thought leadership from the network directly to your current smart phone. TP to Go is free to download on iOS, Android, and BlackBerry.
HR Innovation offers advanced thinking about the challenges that should be uppermost on the minds and agendas of organizations and their Human Resources (HR) leaders. In this issue of HR Innovation, we focus on Healthcare for Employers, and bring to light where the opportunities and obstacles might lie post-health reform and where different paths might lead.
12 December 2012
| Global Tax Accounting Quarterly
In this release, we discuss decisions of the International Financial Reporting Interpretations Committee along with other accounting and reporting developments.
On November 8, a group of PwC Global Structuring Partners facilitated an engaging discussion with a group of senior tax professionals on a range of issues impacting the way multinational corporations align global structures to manage their US tax burden.
Learn how and why BRIC countries have made strides as manufacturing and services countries and are now developing into significant end markets for multinationals.
HR Innovation offers advanced thinking about the challenges that should be uppermost on the minds and agendas of organizations and their Human Resources (HR) leaders.
Corporate income tax paid by companies is an important element of the Total Tax Contribution made by companies. Calculating these taxes is often complex, varies from country to country, applies a variety of statutory rates and the rate of tax paid is usually different from those statutory rates. Understanding more fully the impact of corporate income taxes and comparing the systems implemented around the world on a like for like basis is therefore important for governments, business, and the public at large.
PwC and the National Association of Stock Plan Professionals (NASPP) are pleased to announce the release of the 2012 Global Equity Incentives Survey (GEIS): “Back to the Basics”— Executive Summary. Our survey is one of the most comprehensive studies available on the design and administration of equity incentive compensation plans for multinational companies.
Our Tax policy Perspectives series provides insight into specific topics influencing global tax policy developments, including in-depth analysis of trends in specific jurisdiction. Drawing on case law, practical experience, and knowledge of tax systems worldwide, we'll provide a global perspective on each subject area, look at how it is currently playing out in a few contrasting territories and suggest the pivotal challenges to come.
Tax planning in the light of economic substance has become increasingly critical. This PwC publication will help taxpayers everywhere review whether their tax strategy is solid enough to withstand the new tax-authority scrutiny.
As the debate on tax reporting continues, this briefing document provides an overview and comparison of a range of transparency initiatives currently in force or being proposed.
HR Innovation offers advanced thinking about the challenges that should be uppermost on the minds and agendas of organizations and their Human Resources (HR) leaders.
This newsletter discusses a recent update to the financial accounting convergence projects and other accounting and reporting developments along with the related tax accounting considerations.
PwC's M&A Asian Tax Guide summarises jurisdictions of the Asia Pacific area and highlights key tax issues relevant to purchasers and sellers of the mergers and acquisition transaction.
This report provides messages for companies with existing Swiss HQs which are seeking to expand their scope, assure their sustainability or reduce costs, for companies planning to implement a centralised business model but also for the Swiss authorities.
In this release, we discuss some recent updates to the financial accounting convergence projects and other tax accounting developments along with the related tax accounting considerations.
HR Innovation offers advanced thinking about the challenges that should be uppermost on the minds and agendas of organizations and their Human Resources (HR) leaders.
Goodwill impairment testing continues to be a challenging and complex area of practice. As companies perform goodwill assessments, tax considerations can play a critical role in the final conclusions.
Multi-national companies are constantly looking for new ways to grow their business. Here we explore why it is critical to understand the regulatory landscape when considering a significant change to a your value chain.
As part of their current workplan, the SEC is analyzing the impact of IFRS on US issuers and whether, when, and how to incorporate IFRS into the US financial reporting system.
This issue of HR Innovation looks at current trends and their implications for meeting organizational goals while cultivating and sustaining an efficient, high-performing workforce in a dynamic organizational culture.