Please enable JavaScript.
Coggle requires JavaScript to display documents.
Global Finance - Coggle Diagram
Global Finance
Financial Flows
#
IMF
#
Stability
Migrant crisis
Support countries in financial difficulties
189 members
Economic coordination
United Nations
World Bank
End poverty
Promote shared prosperity
1944
Balance of Payments
Current Account
Imports
Exports
Capital Account
Transfer of Capital from abroad
Financial Account
Financial Inflows
Foreign Direct Investments
Operational Control
Global Imbalances
Financial Crisis
#
Fundamental values at threat
Public sector
#
Deficit
Private Sector
#
Savings
Multinationals
Innovative Products
Free Services
Few actors
Tax Avoidance
Reduced Competitions
Choose where to keep cash
Choose currency
Tax Considerations
International Tax Rates
Taxes and Mandatory Contributions
Profit
Corporate Income Tax
Social Contributions
Labour Taxes
Property Taxes
Dividend Taxes
CGT
Waste Collection Tax
Vehicle / Road Tax
Transfer Pricing
Unrelated Companies
Arm's-Length Principle
Genuine Negotiation
Related Companies
#
Could distort price
Minimise Tax Bill
Tax Haven
Mispricing
Alternative Approach
Unitary Taxation
Originated USA
Apportioned across different states
Obstacles
Path dependency
Vested Interests
Technical Issues
Base Erosion and Profit Shifting
Update tax rules
Country-by-country report
Assets
Employee Numbers and Cost
Master File
Standardised Information
Local Files
Transaction Details
Exchange Rates
Fluctuations
GBP
Euro
US Dollar
International Financial Reporting
#
Regulations
#
Report preparation
Stewardship
Track record
Managing National Economy
Annual inventory
Stop bankrupcies
Investor Information
Capital market function
Borrowed finery
Comparing countries
Imperialism
Rules to colonies
Taxation
Annual reporting
Jurisdictions
Financial Reporting Objectives
Summarised reports
Contingent model
Standards
IASB
FASB
Means of regulation
International Financial Reporting Standards
#
Global reporting standards
Quality
Comparability
Transparency
Accountability
Efficiency
Simplifies process across business
Globally recognised
Independent board
Process
Agenda consultation
Research Programme
Standards Development
Implementation