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PwC RESPONSE TO OECD BEPS RECOMMENDATIONS

PwC RESPONSE TO OECD BEPS RECOMMENDATIONS

The BEPS project marks the most significant change to international tax in modern times. Today's announcements will have a big impact on global companies, whether through greater compliance demands or impacting how they are structured. Despite many expecting the proposals to be watered down to achieve consensus, the first part of the OECD's ambitious package has been delivered on time and intact.

PwC Survey Finds that 24% of Singapore-based Companies have Fallen Victim to Economic Crime in the Last Two Years

PwC Survey Finds that 24% of Singapore-based Companies have Fallen Victim to Economic Crime in the Last Two Years

Economic crime against businesses continues to rise globally. Some 24% of Singapore respondents say they have been victims of economic crime, according to the Singapore edition of PwC's 2014 Global Economic Crime Survey. 80% of Singapore-based companies experiencing economic crime encountered asset misappropriation, 15% fell victim to cybercrime and 15% experienced bribery and corruption.