Australia
Australia’s government has also announced that it will implement the pillar two side-by-side agreement
Grant Thornton advanced plans to integrate its Australian firm into its US arm, as tax developments spanned law firm hires, aviation levies and digital services taxes
Significant changes include an update to profit markers and an alteration to how an ‘inbound distributor’ is defined
The Netherlands-based bank was described as an ‘exemplar of total transparency’; in other news, Kirkland & Ellis made a senior tax hire in Dallas
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Sponsored by DLA Piper AustraliaPaul McNab of DLA Piper summarises tax-related developments from May 2020, as Australia continues its economic response to the COVID-19 outbreak.
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Sponsored by Arendt & MedernachThe OECD has released its long-awaited transfer pricing guidance on financial transactions. Danny Beeton and Alain Goebel of Arendt & Medernach review the guidance and suggest the best approaches for pricing and documentation.
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Sponsored by Baker McKenzie LuxembourgThe technological revolution has led the OECD to attempt to redefine the concept of permanent establishments. Antonio A Weffer of Baker & McKenzie Luxembourg discusses how the related notion of the finance function is evolving in a digital cross-border setting.
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