IRS Chief of Appeals Sheldon Kay returned to private practice with Sutherland, Asbill & Brennan this month after two years with the tax authority. International Tax Review took the opportunity to catch up with Kay to discover the latest developments within the IRS Office of Appeals and to get some advice for taxpayers on resolving disputes more efficiently.
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Ireland’s Department of Finance reported increased income tax, VAT and corporation tax receipts from 2024; in other news, it’s understood that HSBC has agreed to pay the French treasury to settle a tax investigation
The EU has seemingly capitulated to the US’s ‘side-by-side’ demands. This may be a win for the US, but the uncertainty has only just begun for pillar two