On December 27 2012, a significant amendment to the tax and legal regime of the Spanish Real Estate Investment Trust (REIT), or SOCIMIs (Sociedades Anónimas Cotizadas de Inversión en el Mercado Inmobiliario), was approved by the Spanish Congress following a proposal by the Spanish government. Javier Hernández Galante and Javier Mateos, of Ashurst, explain why they are optimistic about the changes.
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Arindam Mitra and Robin Hart examine how aggregate TP rules clash with transaction-level customs rules, creating compliance risks and requiring granular, SKU-level pricing strategies
The OECD’s project was up for debate as Matt Williams spoke to ITR following BDO’s tax strategist survey, which uncovered increased complexity and costs among multinationals