Accounting

ECONOMIC SUBSTANCE REGULATIONS: CHANGING THE DYNAMICS OF CROSS BORDER TRADE

ECONOMIC SUBSTANCE REGULATIONS CHANGING THE DYNAMICS

In recent years, governments worldwide have implemented economic substance regulations (ESRs) to combat tax avoidance and improve transparency in cross-border transactions. These regulations have had a profound impact on how businesses operate globally, changing the dynamics of cross-border trade and requiring companies to demonstrate that they have real economic substance in their jurisdictions. ECONOMIC SUBSTANCE […]