From November 24 to 27, Chris Jordan, commissioner of the Australian Tax Office (ATO), hosted tax administrators from 17 Asian member countries including tax leaders from key trade partners Japan and China at the Study Group on Asia Tax Administration in Research (SGATAR). The group of delegates agreed to form a regional task force to share best practices and information.
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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