Driving around Brisbane recently, Anthony Hayley felt his trusty old car stutter. There were a few more worrying clanks and bangs in the days to come, then it died completely. But then came the real shocker: he was told there was no chance of getting a replacement for nine months – if he was lucky...
Automotive suppliers must build parallel structures in their businesses, developing traditional combustion-engine systems alongside electric vehicle technology, says Thomas Ziegler, leader of Moore Global’s automotive group...
The car industry has generated wealth for generations of family-owned component manufacturers and well-paid jobs for millions. Now this delicately balanced ecosystem is facing an existential challenge with the rise of electric vehicles.
On 10 August 2021, the IRAS released the sixth edition of the Singapore TP Guidelines (“Sixth Edition TPG”), updating and replacing the previous version released in February 2018. The Sixth Edition TPG takes into account some of the key contents from OECD Transfer Pricing Guidelines as well as presents an opportunity for taxpayers to revisit their transfer pricing policy and documentation to ensure they are in alignment with the IRAS TP compliance requirements...
A special purpose acquisition company (“SPAC”) is a shell corporate or blank-check listing looking for an acquisition opportunity to bring another private company listed. In short, it is led by a management team, a.k.a. a sponsor, and it raises money through an IPO before an acquisition target is identified...