Family governance: – A mirror, sword and shield

Family owned businesses have been among the oldest and few of the most thriving businesses. Some of the largest and oldest corporations in the world – [Takenaka Corporation, Merck, Wendel, Franz Haniel, Molson Coors Brewing, Jeronimo Martins and Thomson Reuters][1] to cite a few, have emanated out of family owned, controlled and managed businesses. Over … More Family governance: – A mirror, sword and shield

Common Reporting Standards: an OECD step toward tax transparency

With increasing globalization, many tax payers started making, holding and managing investments through offshore financial institutions outside their country of residence. Such offshore money goes untaxed and such offshore tax evasion was considered a serious problem for jurisdictions all over the world. In this backdrop, cooperation between tax administrations is considered critical in the fight … More Common Reporting Standards: an OECD step toward tax transparency