It's was a welcome break, therefore, to compile the pages of
this month's International Tax Review cover story.
They are bursting with happy faces, as partners and in-house
directors from across the Asia-Pacific region celebrate the
achievements of the year gone by. It's kind of like the
opposite of the England team's post-World Cup debrief.
Of course, as is now customary, the Asia Tax Awards were held in
tandem with our two-day Asia Tax Forum, and skilfully presented
by ITR and TP Week managing editors Anjana
Haines and Sonja Caymaz.
Tax Forum, as is the case with many of our events, is a
great barometer for us as a team. It gives us the chance to
reach out to subscribers and non-subscribers and see that the
issues on their minds are the same as the issues we're
covering. Seeing as some of the most discussed developments
were the multilateral instrument, principal purpose test and
digital taxation – three topics ITR has
endeavoured to cover extensively on its website and in print
– we came away happy, as well.
Also in this month's magazine, we have an
exclusive interview with Tim Dyce of the ATO ahead of
Australia's imposition of GST on low-value goods on July 1.
Australia is the first country to take this step, and the eyes
of the tax world will be upon them. While it's perhaps uncouth
to comment on another nation's World Cup chances, given that
the Socceroos' final group stage game is on June 26, at least
it's unlikely that anyone there will have football matters to
distract them from the task at hand.
We also have special features on transfer pricing from the
– perhaps people there have extra time on their hands
this summer – and from
Sweden. In addition, we have an update
from our Mexican correspondents on the budding use of
special purpose acquisition vehicles.
So, a final congratulations from me to the winners of our
Asia Tax Awards, and I hope all readers enjoy this month's
magazine, which is mercifully free from any more football
Editor, International Tax Review