Michael Danilack, Deputy Commissioner of the Large Business and International Division (LB&I) at the Internal Revenue Service (IRS), announced yesterday during Tax Council Policy Institute’s (TCPI) conference in Washington DC that a new transfer pricing director will be appointed to LB&I within days.
Unlock this content.
The content you are trying to view is exclusive to our subscribers.
Tax professionals are still going to be needed, but AI will make it easier for them than starting from zero, EY’s global tax disputes leader Luis Coronado tells ITR
The new guidance is not meant to reflect a substantial change to UK law, but the requirement that tax advice is ‘likely to be correct’ imposes unrealistic expectations
China and a clutch of EU nations have voiced dissent after Estonia shot down the US side-by-side deal; in other news, HMRC has awarded companies contracts to help close the tax gap