OECD Issues New Global Minimum Tax Guidance Ahead of 2026 Rollout
OECD ISSUES NEW GLOBAL MINIMUM TAX GUIDANCE AHEAD OF 2026 ROLLOUT The OECD has published its final set of guidelines related to administrative matters that will apply to the Global Minimum Tax (Pillar Two), which countries and businesses will be required to comply with within their respective jurisdictions starting in 2026. The new OECD global…
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Canada’s 2025 Federal Budget Introduces Major Transfer Pricing Reforms: What Businesses Need to Know
In the 2025 Federal Budget, Canada has decided to make an overhaul of its transfer pricing system quite radically, which could be considered one of the greatest updates to these rules in the last twenty years. The main objectives of the reforms are to enhance Canada’s power to question cross-border pricing of related companies, to…
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RSM US and RSM UK Join Hands to Support Businesses on Both Sides of the Atlantic
RSM US and RSM UK Join Hands to Support Businesses on Both Sides of the Atlantic RSM, one of the top players in the field of accounting services, has made a big announcement.The teams from the USA and the UK will be moving closer and forming a new partnership starting January 1, 2026. Each of…
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HIRE Act Proposal Draws Attention Across Tax and Accounting Community
HIRE Act Proposal Draws Attention Across Tax and Accounting Community Recently introduced legislation would impose an excise tax on payments to foreign persons for services that directly or indirectly benefit U.S. consumers — and tax and accounting firms are taking note. The HIRE Act Last month, first-term Senator Bernie Moreno (R-OH) proposed the Halting International…
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