Global fund firms face tax hit to profitability

Aug 8, 2013

Multinational fund houses with operations in Asia are being urged to pay attention to new proposals by OECD members to clamp down on tax loopholes over the next two years.

Global fund firms face tax hit to profitability

Multinational fund houses are bracing for a potential hit to net profitability as the world’s leading industrial nations look to implement a global framework to clamp down on tax avoidance.

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