Two new bills on natural resources sovereignty and contracts passed in the Tanzanian parliament on Monday have thrown mining companies into disarray. A third piece of legislation that will impose amendments on the Mining and Petroleum Acts and the Tax Administration Act, is currently under debate and expected to be passed on Wednesday.
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The Irish government has been told that it’s spending too much of its corporation tax receipts and should instead focus on running bigger surpluses; plus, the IRS is set to merge tax practitioner offices
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