US President Donald Trump's efforts to pull the reins on the Affordable Care Act, dubbed ‘Obamacare’, gained momentum on Thursday as the Republican’s healthcare bill was passed (narrowly) in the House of Representatives. The bill symbolises an important legislative victory for the Trump administration and paves the way for a tax cut for high earners.
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While the manual should be consulted for any questions around MAPs, the OECD’s Sriram Govind also emphasised that the guidance is ‘not a political commitment’
The landmark Indian Supreme Court judgment redefines GAAR, JAAR and treaty safeguards, rejects protections for indirect transfers and tightens conditions for Mauritius‑based investors claiming DTAA relief
As tax teams face pressure from complex rules and manual processes, adopting clear ownership, clean data and adaptable technology is essential, writes Russell Gammon, chief innovation officer at Tax Systems