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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Despite estimates that the US/OECD agreement will cost countries billions, the Fair Tax Foundation’s Paul Monaghan believes the deal is a ‘necessary evil’
The postponement came after industry representatives flagged implementation issues with the registration regime; in other news, firms made key tax partner additions
IP lawyers, who say they are encouraging clients to build up ‘tariff resilience’, should treat the risks posed by recent orders as a core consideration in cross-border licensing
As Coca-Cola awaits a crucial 11th Circuit Court of Appeals decision this year, its multibillion-dollar tax dispute could have profound implications for investors, cash flow, and corporate transparency