The Indian minister for finance will have a challenge on his hands to manage taxpayers' expectations when he stands up in parliament to deliver his budget on July 6. He is facing demands from industry groups to reform the corporate tax system, including cutting rates, and pressure from multinational companies to deal with their priorities, such as transfer pricing risk.
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The political optics of the US’s carve-out deal are poor, but as the Fair Tax Foundation’s Paul Monaghan writes, it preserves pillar two’s guiding ethos
The big four firm reportedly sent ‘threatening’ correspondence to Unity Advisory over its hiring of ex-PwC partners; plus tax recruitment news from the week
Multinationals face rising TP scrutiny as global rules diverge. As Daniel Moalusi argues, strong, consistent documentation is now essential to minimise audit risk and protect tax positions