Chris Lenon was the global head of tax at Rio Tinto and chaired the Tax Committee of the Business and Industry Advisory Committee to the OECD. He chairs the Green Tax Group at Business Europe and has just launched a new website providing a rare business view on two of the more hotly debated issues in global taxation: green taxes and tax transparency. Lenon talks to Salman Shaheen about the need for tax directors to engage in such a crucial discussion.
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Valid pillar two objectives are still intact after the side-by-side agreement, but whether the framework is now settled is ‘a $64,000 question’, Morrison Foerster’s tax chair told ITR
The firms made senior hires in Los Angeles and Cleveland respectively; in other news, South Korea reported an 11% rise in tax income, fuelled by a corporation tax boom
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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