The tax paid by partners in private equity deals has become a political issue in both North America and the UK in the last few months. Tax professionals on both sides of the Atlantic believe that the tax bill for private equity partners will increase. The character of the debate in the two centres, however, has been profoundly different. Bob Reynolds took the temperature of the water
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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