ARTICLE
5 October 2017

The Drive Towards Transparency: Challenges And Opportunities In International Taxation (Video)

LI
Labuan IBFC Inc

Contributor

Labuan International Business and Financial Centre (Labuan IBFC), Malaysia, through our internationally recognised yet business-friendly legal framework, is the preferred international business and financial centre in Asia. Labuan IBFC is a midshore jurisdiction regulated by the Labuan Financial Services Authority (Labuan FSA), statutory Regulator under the purview of the Ministry of Finance, Malaysia
There has been unprecedented pressure on both tax neutral countries and the users of these tax efficient jurisdictions, to pay what is deemed a ‘fair' amount of tax.
Malaysia Tax

There has been unprecedented pressure on both tax neutral countries and the users of these tax efficient jurisdictions, to pay what is deemed a 'fair' amount of tax. This pressure has culminated in multilateral initiatives such as the base erosion profit shifting initiative and the common reporting standard, both aimed at changing the landscape of international tax planning forever.

At our event entitled "The Future of Tax Planning: Transparency and Substance for All?" in Hong Kong on 26 February 2016, Anil Kumar Puri, Partner at Ernst & Young Malaysia, explores the future of tax planning in the face of multilateral initiatives such as the Base Erosion and Profit Shifting and the Common Reporting Standard.

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