19/4/2016/IMF The International Monetary Fund (IMF), the Organisation for Economic Co-operation and Development (OECD), the United Nations (UN) and the World Bank Group (WBG) announced today the details of their joint effort to intensify their cooperation on tax issues: the Platform for Collaboration on Tax. The Platform will not only […]
Tag: Tax
Pfizer, Allergan scrap $160 billion deal after U.S. tax rule change
Wed Apr 6, 2016/Reuters U.S. drugmaker Pfizer Inc and Ireland-based Allergan Plc walked away from their $160 billion merger on Wednesday, a major win for President Barack Obama, who has been pushing to curb deals in which companies move overseas to save on taxes. Pfizer said the decision was driven […]
Ethiopian Government Offers Tax, Loan Incentives to Cut Cost of Local Drug Production
April 6, 2016/Frost & Sullivan The Government of Ethiopia is offering tax and loan incentives to encourage local pharmaceutical production that will ultimately reduce the cost of drugs, increase job opportunities, improve economic growth and enhance foreign exchange inflow. Ethiopia has previously relied heavily on pharmaceutical imports – or international […]
