The Australian Senate Inquiry into corporate tax avoidance has published an interim report with recommendations to deal with tax avoidance. The recommendations include a public annual report on aggressive tax minimisation and avoidance as well as a public register of tax avoidance settlements reached with the Australian Tax Office (ATO).
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The EU has seemingly capitulated to the US’s ‘side-by-side’ demands. This may be a win for the US, but the uncertainty has only just begun for pillar two
ITR’s most prolific stories of the year charted public pillar two spats, the continued fallout from the PwC Australia tax leaks scandal, and a headline tax fraud trial
The climbdowns pave the way for a side-by-side deal to be concluded this week, as per the US Treasury secretary’s expectation; in other news, Taft added a 10-partner tax team