On Friday the British Ambassador HE Gareth Ward addressed members of the British Business Group Vietnam on the UK’s new industrial strategy and opportunities in line with the Vietnamese Governments Industry 4.0 Strategy. I quote below
Whilst corporate tax avoidance continues to grab headlines, some of the biggest reforms are in fact occurring within indirect tax.
Whilst corporate tax avoidance continues to grab headlines, some of the biggest reforms are in fact occurring within indirect tax.
With increasing compliance obligations and risks expected as a result of BEPS, tax is set to be more integral to businesses decision making processes
More businesses are spurred on by a ‘fear of missing out’ (known colloquially as ‘FOMO’) than by a positive desire for growth when expanding abroad, according to new research from Grant Thornton's International Business Report (IBR). Business leaders are a fifth more likely to expand when presented with a negatively framed scenario than with the exact same scenario that was framed positively.
Effective management of country-by-country reporting is going to require a new way of looking at transfer pricing
Advances in technology and logistics allow businesses to expand across borders more easily, but understanding and overcoming the psychological barriers to expansion abroad is crucial to giving your global growth plans a head-start.
The European Commission unveil plans to combat corporate tax avoidance and tackle businesses exploiting the complexity of tax rules.
There are a number of cost and commercial reasons why a group may consider relocating, but it is also important to understand the consequences.
Companies are increasingly focused on high-quality strategic transactions, with less time spent on investigating peripheral opportunities, according to our International Business Report (IBR), a survey of 5,400+ business leaders in 35 economies.
Grant Thornton article discussing the impact of the Foreign Account Tax Compliance Act (FATCA) on non-US companies.
F&B companies are using international expansion to chase profits globally.
Businesses in the world’s three biggest economies, the United States, China and Japan, are increasingly feeling the heat when it comes to recruiting skilled staff. Given that these countries together represent over a third of global output, a deficit of skilled staff could have a significant knock-on effect on economic growth not just in these economies but beyond.
We believe that dynamic organisations need to apply both reason and instinct to decision making. Deciding which markets your business should operate in is no different.