The financial services tax industry is becoming increasingly organised and coordinated in the Asia-Pacific region. One industry group, which stands out in the region, is the Capital Markets Tax Committee (CMTC) Asia. Sophie Ashley speaks to the newly elected chairman and vice-chairman of the group, Jesse Kavanagh, head of tax (Asia-Pacific except Japan) for Nomura Securities, and David Weisner, US tax counsel for Asia Pacific at Citigroup.
Unlock this content.
The content you are trying to view is exclusive to our subscribers.
The report is solid and balanced as it correctly underscores the ambitious institutional redesign that Brazil has undertaken in adopting a dual VAT model, experts tell ITR
The Brazilian law firm partner warns against going independent too early, considers the weight of political pressure, and tells ITR what makes tax cool
Experts reportedly discussed extending the safe harbour to 2027 to give countries more time to legislate; in other news, Baker McKenzie and Greenberg Traurig made senior tax hires
Hany Elnaggar examines how Gulf Cooperation Council countries are internalising transfer pricing norms within evolving fiscal systems shaped by both Islamic and international influences
Where a TP study of comparables produces an arm’s-length range, and the taxpayer’s filed position is outside that range, HMRC will adjust to the median by default