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  • The promise and problem of a universal VAT system

    March 22, 2019

    The increasing inconsistency of national VAT systems have led to calls for global harmonisation of VAT regulations by tax professionals. The OECD is examining the options and some progress has been made this week.

  • France to push G7 countries for a global minimum corporate tax

    March 21, 2019

    France plans to make significant progress with members of the G7 group of countries to reach an agreement on a minimum corporate tax rate, after the OECD has presented its work on taxing the digital economy to the G20 in June.

  • Pace of change makes it impossible to have an indirect tax strategy

    March 20, 2019

    Tax professionals speaking at the International Tax Review Indirect Tax Forum said that the rate of indirect tax changes around the world makes having a long-term strategic plan very difficult.

  • Canada to boost tax authority audit resources

    March 20, 2019

    The Canada Revenue Agency (CRA) will receive an additional C$150.8 million ($113.1 million) over five years to hire additional auditors, create a data quality examination team targeted at non-residents, and extend schemes aimed at tackling offshore non-compliance.

  • Tax heads fearful of OECD push for minimum corporation tax

    March 20, 2019

    Participants at the OECD’s public consultation on BEPS 2.0 grappled with the question of whether under-taxation – as well as non-taxation – of corporate profits is a problem the OECD should address.

  • E-invoicing compliance goes beyond tax departments

    March 19, 2019

    In-house tax professionals, tax advisors and software providers have emphasised that complying with rapidly proliferating e-invoicing requirements requires input from businesses as a whole, not just their tax departments.

  • US tax reform turns into a game of ‘whack-a-mole’

    March 15, 2019

    For global corporations, determining how to comply with the US tax reform provisions and manage tax liabilities is difficult because as soon they resolve one tax problem, another pops up.

  • Consumer businesses clash over OECD digital tax proposals

    March 14, 2019

    MNEs specialising in consumer products prefer to ‘cherry-pick’ provisions they favour from the OECD’s digital tax proposals, creating a conflict among them on the best approach to taxing the digital economy.

  • Mark Rems joins KPMG US

    March 14, 2019

    Mark Rems has joined KPMG’s US state and local tax (SALT) practice as a principal in Philadelphia. He will be a part of the firm’s indirect tax practice and focus on transaction tax systems.

  • MNEs accept higher tax burden is inevitable at OECD digital tax consultation

    March 14, 2019

    Corporate tax heads at the OECD digital tax consultation in Paris admitted that they would need to bow to political pressure and accept potentially painful reforms.

  • Kene Partners appoints two to R&D-focused tax practice

    March 14, 2019

    Aarti Varia and Rosie Silk have joined Kene Partners in London to specialise in research and development (R&D) within the consultancy team as R&D tax director and R&D tax manager, respectively.

  • UK Spring Statement proposes no major tax changes

    March 13, 2019

    The UK Chancellor of the Exchequer, Philip Hammond, refrained from making any tax proposals in the Spring Statement, but the government continues to push ahead with its digital services tax while global talks take place in Paris.

  • ITR Asia Tax Awards 2019 shortlist announced

    March 11, 2019

    The nominations for the ITR Asia Tax Awards have been announced.

  • France's DST: No detail, companies unprepared

    March 08, 2019

    The French cabinet has cleared the way for Europe’s first active digital services tax (DST). Experts say the proposals are still not detailed enough for the affected companies to prepare to pay the tax, despite its retroactivity and the quick turnaround before the first payment is due.

  • Women in tax explain how to deal with gender stereotyping

    March 08, 2019

    Leading women in tax share their personal experiences and the resistance they overcame at the beginning of their careers to succeed, offering tips to aspiring leaders.

  • The negative aspects of tax insurance

    March 06, 2019

    Tax insurance, which helps companies to push through deals with identified tax risks, is being used needlessly on tax issues which present barely any risk at all, according to one tax director, but others disagree.

  • Two Italian EY partners join Andersen Tax

    March 06, 2019

    Andersen Global has appointed Maricla Pennesi and Giovanni Gallucci to the association’s Italian firm, based in Milan.

  • RSM appoints tax partners in London and Birmingham

    March 05, 2019

    The firm has appointed two tax partners in London and a VAT partner in Birmingham.

  • Avalara appoints EMEA managing director

    March 04, 2019

    Steve Lomax, a financial services and technology specialist, will run the tax technology company’s strategic operations in the region.

  • Tax directors pushed into aggressive tax tactics as authorities lose funding

    March 04, 2019

    Corporate tax departments are under pressure to find aggressive ways of reducing their effective rates that exploit under-resourced tax authorities.

  • Seth Entin joins Holland & Knight in the US

    March 01, 2019

    Holland & Knight has hired Seth Entin as an equity partner to advise clients in private wealth services in the Miami office.

  • MNEs leaping into real-time reporting see long-term benefits

    March 01, 2019

    With the UK’s Making Tax Digital becoming effective in less than a month, companies choosing to implement technologies now that support real-time reporting will reap long-term benefits as more countries adopt similar reporting requirements.

  • How customisation can catch companies cold

    March 01, 2019

    Companies should resist the temptation to make numerous customisations to their in-house tax compliance systems because it makes them less flexible in the long-run, say tax directors.

  • Controversial border-adjustment tax survives in US TCJA

    February 28, 2019

    Paul Nylen, assistant professor of tax at the University of Wisconsin – Whitewater, explains how the US government has managed to include the divisive border adjustment tax (BAT) in the US Tax Cuts and Jobs Act (TCJA) and what it means for taxpayers globally.

International Correspondents