The European Commission has unveiled a proposal that aims to improve the savings taxation directive to ensure the taxation of interest payments which are channelled through intermediate tax-exempted structures. In a speech last month, reported in International Tax Review, Láslo Kovács, commissioner for taxation said the original tax directive contained loopholes that facilitated tax evasion.
Unlock this content.
The content you are trying to view is exclusive to our subscribers.
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