News, Reviews & Betas which includes large community peer support An investigation by Reuters has found that companies could continue to reduce their tax burdens even after a rule from the OECD designed to stop the use of such schemes comes into effect.
An investigation by Reuters has found that big tech firms and other multinationals could continue to take advantage of countries like Ireland and Malta to reduce their tax bills even after an OECD agreement, that was designed to stop this behaviour, comes into effect. One way accountants have devised to help companies pay fewer taxes is by taking advantage of a special rule in Ireland and Malta (among other places) where a company can sell its intellectual property from one subsidiary to another.
