Mauro Faggion appeared cautiously optimistic as the European Commission waits to see whether all 27 member states will accept its proposal.
The global minimum rate also won’t entirely stop a race to the bottom, according to a tax director speaking at an ITR conference in London.
The country’s tax authorities are not interested in seeing transfer pricing studies any more, it was claimed at an ITR industry conference in London.
Acting deputy director of the Centre for Tax Policy and Administration, OECD
Pillar two might be top of mind for many multinational companies, but the huge variations between countries’ readiness means getting ahead of the game now, argues Russell Gammon, chief solutions officer at Tax Systems.
ITR’s latest quarterly PDF is going live today, leading on the looming battle between the UN and the OECD for dominance in global tax policy.
Company tax changes are central to the German government’s plan to revive the economy, but sources say they miss the mark. Ralph Cunningham reports.
The winners of the ITR Americas Tax Awards have been announced for 2023!
Another G20 summit, another anodyne few words in the post-meeting statement about support for international tax reform, says Ralph Cunningham.
The EU unveils transition arrangements for its Carbon Border Adjustment Mechanism, China cuts stamp duty in two, Russia spells out withholding tax requirements, and more.
The UK should cut duties to help phase out diesel, business figures and environmental campaigners have warned.
More than 100 PwC Australia partners have agreed to join the firm's breakaway government consultancy, Scyne Advisory, following the tax leaks scandal
The ECB warns the tax could leave banks with weaker capital levels, while the UAE publishes guidance on its new corporate tax regime.
Caroline Setliffe and Ben Shem-Tov of Eversheds Sutherland give an overview of the US transfer pricing penalty regime and UK diverted profits tax considerations for multinational companies.
The plan is aimed at simplifying tax rules and lowering tax compliance costs for cross-border businesses in the EU.
African governments issue the Nairobi Declaration ahead of COP28, while US businesses brace themselves for a higher minimum tax rate.
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KPMG Global
What will taxation look like in 2030? KPMG presents the key predictions based on a survey of tax leaders.
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KPMG US
The modern tax department is a strategic powerhouse, deserving of a more prominent seat at the C-suite table, say Brad Brown, Greg Engel and Rema Serafi of KPMG in the US.
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KPMG Global
The days of tax being just a private compliance issue for tax teams are long gone; tax transparency is now a core pillar of sustainability, say Jenny Wong of KPMG Australia and Loek Helderman of KPMG International.
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KPMG Global
Raluca Enache, Christiana Loizou and Paulina Laine of KPMG ask whether there is any order in the chaos of the efforts to create a more effective system of withholding tax.
Jurisdictions
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Vertex Inc
Peter Olanday, director of consulting for vertical solutions at Vertex, talks to Alice Jones about using edge computing to manage real-time tax calculation as omnichannel shopping becomes increasingly common.
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Deloitte Transfer Pricing Global
ITR Americas Tax Awards winners Chuck Kosal, Jennifer Deutsch and Kristine Riisberg discuss how Deloitte is embracing tax transformation across the Americas, in a podcast.
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KPMG Asia-Pacific
Innovative compliance tools. New approach to reporting. Smart tech. ITR Asia-Pacific Tax Awards winners Jenny Clarke and Cristina Alvarez discuss how the team at KPMG is ‘re-imagining’ tax in the region.
ITR Reporter Alice Jones talks to Karine Halimi-Guez, managing director of tax at FedEx, about diversity and inclusion and FedEx's Benelux networking and mentoring project for women.
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Deloitte Transfer Pricing Global
ITR Americas Tax Awards winners Chuck Kosal, Emily VanVleet and John Wells discuss how Deloitte is at the forefront of driving tax transformation, in a podcast.
ITR Reporter Alice Jones asks Karine Halimi-Guez, managing director of tax at FedEx, about cross-functional tax planning, the importance of flexibility as a leader during COVID-19, and the importance of the tax function during a corporate restructuring.
ITR's Senior Reporter Mattias Cruz speaks with Ivan Ferreira, tax and customs director at Siemens Brazil, about the changes to the role of tax professionals, the impact of COVID-19 and managing mental health.
ITR reporter Alice Jones asks Gemma Low, tax automation manager at Royal Mail, about tax technology developments, career opportunities in tax, and how tax teams can support one another while working from home.
Leading global law firm, Dechert, demonstrates progressive policies for women and minorities in a podcast featuring three partners who won awards for their work at the Women in Business Law Awards.
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EY Asia-Pacific
ITR Asia Tax Awards winners Albert Lee and Jon Dobell of EY talk about the importance of tax technology at EY and the need for innovation in the area, in a podcast.
Features and Special Focus
Features and Special Focus
Sponsored
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Sponsored by DeloitteChristine Ramsay and Samer Wani of Deloitte Canada and Subhabrata Dasgupta of Deloitte Malaysia highlight significant legislative developments in several jurisdictions as the world strives to keep pace with the OECD's Transfer Pricing Guidelines. -
Sponsored by DeloitteKirsti Longley of Deloitte Tax LLP and Carlos Serrano Palacio of Deloitte Spain explain the benefits of advance pricing agreements in managing transfer pricing exposure, and the pros and cons of unilateral and bilateral advance pricing agreements.
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Sponsored by DeloitteEdward Morris of Deloitte UK and Sobhan Kar of Deloitte India question whether the adage that mutual agreement procedures work, but too slowly, is still correct.
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Sponsored by DeloitteAaron Wang of Deloitte China and Iva Georgijew of Deloitte Poland set out the key questions when limited risk and low-risk distributors incur losses, and consider the challenges presented in several common scenarios.
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Sponsored by DeloitteSimón Somohano and Francisco Díaz of Deloitte S-LATAM explain the changes for maquiladoras after the repeal of advance pricing agreements as a compliance option and the implications for Mexico’s competitiveness as a manufacturing location.
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Sponsored by DeloitteGeoff Gill of Deloitte Australia and Andrew Skipsey of Deloitte UK analyse the use of profit split transfer pricing methods in the rapidly evolving banking and commodity trading businesses.
