STAAR Surgical is a leading eye implants manufacturer for refractive and cataract correction, with headquarters in Monrovia, California, the US and international offices in Nidau, Switzerland, and Tokyo, Japan. UHY Fay & Co, Spain, provides STAAR Surgical with tax and legal services, including incorporating a new branch of the multinational in Spain, obtaining the legal licence to practice in the country, tax compliance for the group’s activity, and preparing its transfer pricing manual to comply with Spanish legislation affecting related party transactions.
Western economies could be inhibiting growth with higher relative tax takes compared to faster growing emerging markets
Positive forecasts for growth in central and eastern Europe are good for both domestic businesses and those beyond the borders looking for investment, trade or partnership opportunities. But in the context of global financial and political uncertainty, how can we measure a country’s prospects – especially one relatively new to a major economic bloc?
With significant momentum in global, transnational and domestic tax implementations and governance programmes, 2017 was an extraordinary year for tax. The unpredictability of major political developments across the world, however, continues to frustrate international as well as domestic business and tax planning and the need for trusted advisors to work internationally has seldom been greater.