Simpson Thacher & Bartlett and MinterEllisonRuddWatts were among the firms that advised on the deal   
            
        
  
    
    AI will mean fewer entry-level roles in tax but also the emergence of new jobs, according to tax expert Isabella Barreto
    
    
      
        
    
      
    
    
    
  As World Tax unveils its much-anticipated rankings for 2026, we focus on standout performances by PwC, KPMG and Deloitte across the Asia-Pacific region
    
    
      
        
    
      
    
    
    
  ‘Mutual accountability’ required to fix German client cost grumbles
As ITR’s client data reveals discontent with German advisers’ cost management, Grant Thornton’s TP head insists it’s a two-way street
        
        
            
    
        
    Editorial Board
ITR is excited to unveil its inaugural Editorial Board, comprised of a select panel of tax industry experts
        
        
            
    
        
    
        Awards
      
    
    
      
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      The firms picked up five major awards between them at a gala ceremony held at New York’s prestigious Metropolitan Club
    
    
      
        
    
      
    
    
    
  Corporate counsel should combine deep technical knowledge with strategic dynamism, says Agarwal, winner of ITR’s EMEA In-house Indirect Tax Leader of the Year award 
    
    
    
      
        
    
      
    
    
  
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      The ‘big four’ firm scooped over 60 honours at a lively ceremony held at The Londoner hotel, including both EMEA and APAC Tax Advisory Firm of the Year
    
    
      
        
    
      
    
    
    
  
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      ITR is delighted to reveal the first shortlisted nominees for the Middle East Tax Awards
    
    
      
        
    
      
    
    
    
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            Sponsored by Morais Leitão, Galvão Teles, Soares da Silva & AssociadosThe EU’s tax decluttering and simplification agenda promises reduced compliance burdens but risks new complexity without careful coordination, says Francisca Marabuto Tavares of Morais Leitão, Galvão Teles, Soares da Silva & Associados
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            Sponsored by insightsoftwareJoin Deloitte and insightsoftware on November 4 for a free ITR webinar exploring how operational transfer pricing transformation can streamline data, improve compliance, and integrate business and financial processes across multinational organisations
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            Sponsored by DeloitteEddie Morris, Josep Serrano Torres, and Jen Breeze of Deloitte compare transfer pricing controversies in the pharmaceutical and automotive sectors, highlighting how DEMPE functions, regulation, and intangibles drive both common themes and sector-specific challenges
 
        Direct Tax
      
    
    
      Increasingly complex reporting requirements contributed towards the firm’s growth in tax, it said
    
    
      
        
    
      
    
    
    
  Sector-specific business taxes, private equity tax treatment reform and changes to the taxation of non-residents are all on the cards for the UK, authors from Herbert Smith Freehills Kramer predict
    
    
      
        
    
      
    
    
    
  The streaming company’s operating income was $400m below expectations following the dispute; in other news, the OECD has released updates for 25 TP country profiles
    
    
      
        
    
      
    
    
    
  If the US doesn't participate in pillar two then global consensus on the project can’t be a reality, tax academic René Matteotti also suggests
    
    
      
        
    
      
    
    
    
  
        Transfer Pricing
      
    
    
      Software company Oracle has won the right to have its A$250m dispute with the ATO stayed, paving the way for a mutual agreement procedure
    
    
      
        
    
      
    
    
    
  TP is a growing priority for West and Central African tax authorities, writes Winnie Maliko, but enforcement remains inconsistent, and data limitations persist
    
    
      
        
    
      
    
    
    
  Increasingly, clients are looking for different advisers to the established players, Ryan’s president for European and Asia Pacific operations tells ITR
    
    
      
        
    
      
    
    
    
  The tariffs are disrupting global supply chains and creating a lot of uncertainty, tax expert Miguel Medeiros told ITR’s European Transfer Pricing Forum
    
    
      
        
    
      
    
    
    
  
        Indirect Tax
      
    
    
      The UK’s Labour government has an unpopular prime minister, an unpopular chancellor and not a lot of good options as it prepares to deliver its autumn Budget
    
    
      
        
    
      
    
    
    
  In the age of borderless commerce, money flows faster than regulation. While digital platforms cross oceans in milliseconds, tax authorities often lag. Indonesia has decided it can wait no longer
    
    
      
        
    
      
    
    
    
  Prudential had challenged HMRC over VAT group relief; in other news, Donald Trump unveiled timber and wood tariffs, and the European Commission published a ViDA implementation strategy
    
    
      
        
    
      
    
    
    
  Section 899’s exclusion from the One Big Beautiful Bill does not mean it has been nipped in the bud, Aruna Kalyanam also tells ITR
    
    
      
        
    
      
    
    
    
  
        Featured Global Tax 50 profiles 
      
    
    
      ITR presents the 50 individuals who exerted the most influence on tax during 2024 – for better or worse – with world leaders, in-house award winners, activists and others making the cut
    
    
      
        
    
      
    
    
    
  
        Jurisdictions
      
    
    
      
        Features and Special Focus