Fortress America: Why US tax reform needs a rethink

November 29 2012

OPINION: In the summer of 1961, Communist East Germany, prompted by the exodus of more than three million East Germans fleeing the Eastern Bloc for freedom and opportunities in the West, erected a wall separating East and West Berlin. The Berlin Wall became the physical embodiment of the Iron Curtain, and ultimately the symbol of the abject failure of Communism.

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Direct Tax

KPMG Australia hit with ban on new contracts amid scandal

Australia’s Department of Finance will also commission an independent review of KPMG’s governance, culture, ethics and integrity frameworks, it has revealed.

Sam Sholli, June 16 2026

Direct Tax

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Capital v revenue in R&D – isolated concerns or a future battleground? Part two

In the second instalment of this two-part series, Jayne Stokes takes a practical approach to navigating the capital v revenue question for UK R&D claims for software development, and shares pointers for businesses

Jayne Stokes, June 16 2026

Podcasts

Taxing Times May 2026 article header updated

Podcast: Is bigger better? Unpacking Ryan's Svalner Atlas acquisition

ITR's latest podcast considers how transformational the buyout could be in Ryan's quest for global advisory reach and analyses a recent boom in demand for private client advisory services

Tom Baker, June 15 2026

Indirect Tax

ITR set for Indirect Tax Forum 2026 in Amsterdam

The event comes at an important moment for professionals dealing with practical realities related to this practice area

Sam Sholli, June 12 2026

Direct Tax

A taxing week: the Germans are all at sea over PE

Germany’s dogmatic restriction of third-party investment in tax advisory firms will only serve to slow down innovation and access to justice

Aled Griffiths, June 12 2026

Direct Tax

This week in tax: Watchdog warns Ireland over corporate tax spending

The Irish government has been told that it’s spending too much of its corporation tax receipts and should instead focus on running bigger surpluses; plus, the IRS is set to merge tax practitioner offices

Sam Sholli, June 12 2026

Transfer Pricing

‘Gamechanger’: ICTS system will be boon for HMRC, says Ryan TP principal

A company risks double taxation, penalties and inquiry cost if it submits a form with anomalies under the new system, Asker Ali also tells ITR

Sam Sholli, June 11 2026

Transfer Pricing

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Transfer pricing automation in ERP systems: traps for compliance

Arindam Mitra and Robin Hart examine how aggregate TP rules clash with transaction-level customs rules, creating compliance risks and requiring granular, SKU-level pricing strategies

Arin Mitra, June 11 2026

Direct Tax

KPMG gears up for hearing amid confidential leaks scandal

The scandal has come just three years after the PwC tax leaks controversy and has prompted KPMG’s Australian chief executive to resign

Sam Sholli, June 10 2026

Direct Tax

r and d - acronym from wooden blocks with letters. background hands on a laptop with blur. business concept.

Capital v revenue in R&D – isolated concerns or a future battleground? Part one

In the first of a two-part series on capital v revenue in R&D, Jayne Stokes explores these key concepts and where UK companies need to tread carefully

Jayne Stokes, June 09 2026