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The administration of the tax would require a single tax return (consolidated balance sheet of the mega MNE) to be filed with the tax authorities of the country where the ultimate parent company is domiciled, and the information would be shared with the other countries.
18] And, for DoD, Defense Federal Acquisition Regulation Supplement (“DFARS”) 216.203-4 limits the use of the FAR EPA clauses to DoD contracts that exceed the simplified acquisition threshold (presently $250,000 with exceptions), and performance is longer than six months. [19] GAO’s competitive prejudice threshold should be similar.
trade agreements Because the public sector is spending tax dollars, public sector bodies in Canada recognize the importance of acquiring goods, services and construction in a manner that can withstand objective scrutiny. Any procurement at or above the specified threshold must be publicly advertised as directed in the agreements.
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