Led by international law firm Hughes Hubbard, SKAT was awarded $500 million in damages after several defendants were convicted of fraud, negligence and unjust enrichment
HM Revenue and Customs’ costs of collecting tax have risen by 15% in four years, the National Audit Office also found
The plan, outlined by EU tax commissioner Wopke Hoekstra, would reportedly free 180,000 of the 200,000 in-scope businesses from additional compliance
Australasian advisers trail international counterparts on CSR
In-house counsel across a number of regions are unimpressed with their tax advisers’ CSR efforts, according to ITR+ research
Talent Tracker Annual Review: Three firms share US top spot
Holland & Knight, Nelson Mullins and McCarter & English made the joint-most tax partner hires in the US last year, according to ITR's Talent Tracker
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
Awards
Awards
ITR invites tax firms, in-house teams, and tax professionals to make nominations for the 2025 ITR Tax Awards in the Americas, EMEA, and Asia-Pacific
Awards
The firm also won regional awards for Pro Bono Firm of the Year and Tax Law Firm of the Year
Awards
The firm picked up awards for its work in multiple jurisdictions, while DLA Piper walked away with four individual honours
Awards
ITR is delighted to reveal all the shortlisted nominees for the 2024 Americas Tax Awards
Direct Tax
It is understood that the US has vowed to oppose any outcome from talks taking place at the UN
It’s the second year in a row that RSM’s tax business has posted fee income growth above 10%
Recent guidance from the Indian tax authorities should provide confidence for investors, says Sanjay Sanghvi of Khaitan & Co
Grant Wardell-Johnson also suggests there could be solutions to the friction between the US and the OECD when it comes to pillar two
Transfer Pricing
From pillar two and amount B to Apple’s headline EU Commission dispute, Martin Bonner and Yiwen Ping of Kreston Global argue that 2024’s key TP developments will inform 2025
Despite a three-year-high in tax revenues generated from settling TP cases, HMRC reported a sharp fall in resolved MAP disputes
Donald Trump’s inauguration, pillar two, APAs and TP were all up for discussion as ITR spoke to Baker McKenzie’s two newly minted US partners
Firms are starkly divided on the benefits of specialist tax litigation teams over generalist practices, ITR’s analysis also finds
Indirect Tax
India’s budget changes goods and services tax rules; UK private school VAT challenge fast-tracked
One expert argues the ERS would be unlikely to improve taxpayers’ experience unless it comes with additional funding to hire more agents and staff
The ‘birth date’ of the service, which will collect tariffs, duties and other foreign revenue, will be January 20
Goods and services key to Africa’s tax revenue; electronic exemptions come to Europe; UK private school VAT challenge reaches High Court
Jurisdictions
Features and Special Focus
Features and Special Focus
Transfer Pricing Guide
April 25 2024
Sponsored
Sponsored
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Sponsored by Ritch MuellerOscar López Velarde and Samantha Oseguera of Ritch Mueller examine the uncertainty surrounding Mexico’s 4.9% withholding tax on interest payments to US banks and its impact on cross-border credit amid shifting Mexico–US political dynamics -
Sponsored by KPMG SwedenAnna Valdemarsson and Heléne Markström of KPMG Sweden welcome the suggested changes in the recently published review, which are designed to enhance the use of expert tax relief in the country
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Sponsored by DeloitteInterview with Dr Alexander Linn, partner, business tax
