As a result of the COVID-19 pandemic, remote working became a necessity. Despite the easing lockdowns, the trend is likely to stay, particularly with “workstations” being actively promoted by the travel industry; however, there are considerable tax consequences for international employers. In this International News article, McDermott’s Gero Burwitz and Isabella Denninger discuss the complexity of this new working order and how international businesses can navigate it.
by Rohan Massey and Heather Egan Sussman
All multinational companies are constantly transferring data relating to identified or identifiable human beings (data subjects). Data is moved between different parts of the same business and to and from suppliers, customers and other third parties. When such data moves between countries, the laws of multiple countries may become relevant, potentially including a multinational business within their jurisdiction when that multinational acts as a data controller determining the purposes, conditions and means of processing involved. This also renders the business vulnerable to potential penalties for breaches of the law. One way to manage the ongoing problems of moving data across the world is to introduce Binding Corporate Rules (BCRs) to govern global data transfer.
To read the full article, click here.
Alison Wetherfield, former partner, also contributed to this article.
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