Update: Senate kills tax extenders legislation

June 24 2010

Senate democrats failed to summon the 60 votes necessary to advance a vote on a jobs bill that would extend numerous tax cuts for businesses.

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Indirect Tax

Advisers hope Brazil and US reach agreement on Trump tariffs

The threat of 50% tariffs on Brazilian goods coincides with new Brazilian legal powers to adopt retaliatory economic measures, local experts tell ITR

Sam Sholli, July 18 2025

Direct Tax

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Tom Baker, July 18 2025

Direct Tax

OECD unveils pillar two safe harbour for highly taxed MNEs

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Tom Baker, July 17 2025

Direct Tax

Too many HMRC compliance investigations last too long, committee warns

The tax agency has increased compliance yield from wealthy individuals but cannot identify how much tax is paid by UK billionaires, the committee also claimed

Sam Sholli, July 17 2025

Transfer Pricing

UK TP proposals could ‘double compliance costs’, tax firm warns

Saffery cautioned that documentation requirements in new government proposals must be limited if medium-sized companies are not exempted from TP

Tom Baker, July 16 2025

Direct Tax

Pillar two no longer has a future, German chancellor claims

The global minimum tax deal is not viable without US participation, Friedrich Merz has argued

Sam Sholli, July 16 2025

Direct Tax

Pillar two is revising global tax competition with a 15% minimum tax rate

Future of pillar two uncertain after Section 899 withdrawal averts ‘catastrophe’

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Ralph Cunningham, July 16 2025

Direct Tax

‘Pro bono is a must’: Amory Heine on giving back

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Direct Tax