The list of up and coming international tax regulations might look like a plate of alphabetti spaghetti but, whether talking about base erosion profiting shifting (BEPS), country-by-country reporting (CbCR), operational transfer pricing, FATCA, data analytics, IFRS or common reporting standards (CRS), the common goal is increased global reporting of tax information.
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Defending loss situations in TP is not about denying the existence of losses but about showing, through proactive measures, that the losses reflect genuine commercial realities
The report is solid and balanced as it correctly underscores the ambitious institutional redesign that Brazil has undertaken in adopting a dual VAT model, experts tell ITR
The Brazilian law firm partner warns against going independent too early, considers the weight of political pressure, and tells ITR what makes tax cool
Experts reportedly discussed extending the safe harbour to 2027 to give countries more time to legislate; in other news, Baker McKenzie and Greenberg Traurig made senior tax hires