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Treasury & Taxation

Striking a Balance with the Tax Plan

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August 29, 2017

By Ted Howard

Companies are trying to figure out how to structure new tax plans. But they should pay heed to the attitudes about complex tax schemes, legal as they may be. 

Companies have been under the microscope globally for several years now when it comes to paying taxes. This is evident in recent initiatives like the OECD’s BEPS (Base Erosion and Profit Shifting) action plan, which attempts to coordinate tax policies within Europe (and ostensibly around the world—parts of Asia are creating similar rules). It’s also looking to snuff out special arrangements companies might have made with countries like Ireland (Apple) and Luxembourg (some 350 companies, according to LuxLeaks).

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